IAC said it will spin off its ownership in home repair services provider Angi to its shareholders, and CEO Joey Levin will step down and become executive chair of Angi.
Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move ...
IAC Inc. is following through with its plans to spin off the home-improvement site Angi Inc., once known as Angie’s List — saying late Monday that its board had approved the plan as the parent ...