IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly trade company in Q2 2021; IAC stock rises 8.5%+ (Jessica Bursztynsky/CNBC)

7 months ago 98

Jessica Bursztynsky / CNBC:
IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly trade company in Q2 2021; IAC stock rises 8.5%+  —  - IAC is spinning off its full stake in Vimeo, the company announced Tuesday.  — Following completion of the deal, which is expect to occur …