IAC: LendingTree to spin off as independent company

LendingTree, RealEstate.com and other real estate-related businesses owned by InterActiveCorp will be spun off as an independent publicly traded company through a major reorganization, company officials announced today.

IAC, which also owns Home Shopping Network, Ticketmaster, and online sites Match.com and Ask.com, among many other businesses, plans to divide its broad enterprise into a total of five publicly traded companies, a move th

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