FOX BUSINESS – Oct 16 – IAC Chairman Barry Diller said that investor pushback over the spinoff of Match Group is inevitable but will ultimately get "solved." Last week IAC/InterActiveCorp announced plans to spin off all of its shares in Match to IAC stockholders. The company owns ~80% of Match. "Match is a cash flow machine. So we would not cause indebtedness at Match to be beyond any kind of rational threshold," he said.
by Julia Limitone
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