IAC: An Asymmetric Bet With Shareholder Friendly Capital Allocation In Play
IAC Inc. is transitioning towards a focus on People Inc. and MGM Resorts, which may help eliminate the conglomerate discount. The company continues to engage in dealmaking as part of its core strategy. This shift is seen as a shareholder-friendly move in capital allocation.
- ▪IAC is shifting its focus to People Inc. and MGM Resorts.
- ▪This transition may help close the conglomerate discount.
- ▪Dealmaking remains a fundamental aspect of IAC's strategy.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Stock Ideas","item":"https://seekingalpha.com/stock-ideas"},{"@type":"ListItem","position":3,"name":"Long Ideas","item":"https://seekingalpha.com/stock-ideas/long-ideas"},{"@type":"ListItem","position":4,"name":"Communication Services","item":"https://seekingalpha.com/stock-ideas/communication-services"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4908677-iac-an-assymetric-bet-with-shareholder-friendly-capital-allocation-in-play"},"author":{"@type":"Person","name":"Brecht…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
