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IAC Numbers Plummet; War for Control Drags On

Bad quarter adds to Diller v. Malone woes

By Jim O'Neill,  Newser User

Posted Feb 7, 2008 12:34 PM CST

(Newser) – The headlines being generated from the ongoing battle for control of IAC/InterActiveCorp between John Malone and Barry Diller took a backseat—briefly--yesterday as the company announced horrific fourth quarter numbers, taking a loss of nearly $370 million after being sideswiped by the subprime mortgage meltdown...   Read full story »

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