IAC
People Inc.
A holding company that builds, buys, and spins off digital media brands, owning the Dotdash Meredith publishing family (PEOPLE, Allrecipes, Investopedia), The Daily Beast, and health-care site Vivian Health. Media executive Barry Diller shaped it into an "interactive" empire — the source of the InterActiveCorp name — in the 1990s, growing Tinder's parent Match Group and Vimeo before spinning them off as independent firms. Fun story: its lineage traces to a Florida radio owner who traded an unpaid ad bill for a crate of avocado-green can openers, sold them all on air, and helped launch home shopping.
CUSIP: 44919P508Communication ServicesUS4 holders
Jul 1, 2020 — Spun off Iac Inc. (1:1)
Jul 1, 2020 — Spun off Match Group Inc Common Stock (2.1584 shares per share)