Business Services Industry
Stock Watch: InterActiveCorp's stock yet to click with investors; Waiting to see how its many e-businesses gel under one roof.(Stocks)
Crain's New York Business, December, 2003 by Jain, Anita
Byline: anita jain When it comes to red-hot Internet properties, InterActiveCorp seems to own more than its fair share. Its stable includes Expedia.com, America's No. 1 travel Web site; Match.com, the most popular online singles destination; and LendingTree Inc., a leading Web-based consumer loan service.
It even owns Evite, the Internet party-invitation firm that everyone's using these days. So why is IAC so little-known? Because it's been around for only about a year in its present form as an Internet powerhouse. When Hollywood mogul and IAC Chief Executive Barry Diller bowed out of Tinseltown a couple of years ago, he went on a $10 billion buying spree. He snapped up many of the Internet's most-visited consumer sites, and threw them together under one...
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