InterActiveCorp will split in two
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InterActiveCorp plans to divide into two separate companies, disengaging its online travel operations from its other e-commerce and offline interests.
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I.B.M. has been reorganized from a classic multinational company to become a more seamless global enterprise.
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Barry Diller&#39;s InterActiveCorp today announced plans to separate into two publicly traded companies. The planned companies will be IAC and Expedia.
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InterActiveCorp (IAC) plans to spin-out Expedia and its other travel-related sites as a separate company next year, the company announced this morning.
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Kraft, the world's second-largest food and drinks firm, is to be spun off by its owner into a separate business.
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Oil company Royal Dutch/Shell Group plans to move to a unified corporate structure, ditching a century-old dual-ownership system blamed for contributing to a reserves overbooking scandal.
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IAC/InterActive Corp. plans to split itself in two by spinning off online travel service Expedia.com and related businesses into a company called &quot;Expedia,&quot; saying IAC&#39;s public perception as a travel company was hindering its growth.
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Company also will slash value of its assets by $11.4 billion. Moves are prompted by plan to retreat from traditional consumer telephone business.
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They operate in different parts of the government, but both have decided to go digital and phase out their signature paper products.
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Business & money: Â· Two years of strife over dual control ends  Â· France and Germany fall out over raising new funds
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IAC/InterActiveCorp  is talking to potential investors interested in the four business units the Internet conglomerate plans to spin off, such as its HSN shopping network and Ticketmaster box office service, the Wall Street Journal reported on Saturday.
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A major restructuring process has pulled this respected audio company into penny land.
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IAC/InterActiveCorp, the Internet and television commerce company controlled by Barry Diller, will spin off its travel business, which owns Expedia.
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The telecom's software division devours another rival.
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SunGard Data Systems Inc. plans to split into two companies, spinning off a disaster recovery services unit using a tax-free distribution of shares to stockholders, the software and services vendor said Monday.
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DECEMBER 21, 2004 -- New York -- IAC/InterActive Corp today announced it plans to spin off its online travel-booking business into a company named for its best-known travel brand, Expedia.
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Harmony 880 will be able to conduct multiple operations simultaneously.