BUSINESS WEEK – July 7 – Investors have been hoping Tinder’s success could lead IAC to spin off its online dating businesses into a separate company. It would make IAC shares more valuable. “Given what’s going on at Tinder, I would assume IAC and Match would think a little bit harder about pursuing that at this juncture,” said Scott Kessler, an analyst with S&P Capital IQ. The question now is whether Tinder will drag down the name of IAC’s dating operations.
by Joshua Brustein
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