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Re: Tuff-Stuff post# 350044

Thursday, 12/02/2010 9:56:32 AM

Thursday, December 02, 2010 9:56:32 AM

Post# of 648882
9:55 AM Web company IAC/InterActive (IACI +3.3%) bought out one of its largest shareholders, Liberty Media Corp.,(LCAPA +0.3%) for $220M cash and the Evite and Gifts.com operations. InterActive CEO Barry Diller will step down to become chairman and senior executive. His replacement is Greg Blatt, former head of Match.com.

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