Farrell, Mike
April 2008
Multichannel News;4/7/2008, Vol. 29 Issue 14, p32
The article reports regarding the moral and legal victory of Barry Diller, chairman of IAC/Interactive Corp. against Liberty Media Corp. when Delaware Chancery Court Judge Stephen Lamb decided to pursue the split of IAC into five separate publicly traded firms. However, Judge Lamb affirmed that Liberty's blocking rights were considerable because IAC board has not yet voted on the split. According to Lamb, IAC directors have not come to terms in authorizing the spinoff.


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