TITLE

IAC: Malone's 'Desperate Sideshow' Will Fail

AUTHOR(S)
Schachter, Ken
PUB. DATE
January 2008
SOURCE
Red Herring;1/29/2008, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the planned breakup of InterActive Corp. (IAC) has turned into a legal and public relations brawl between two media moguls. According to IAC Chief Executive Barry Diller, an effort to oust him and seize control of the board by John Malone's Liberty Media is a desperate sideshow that is doomed to fail. Both IAC and Liberty Media filed dueling lawsuits in January 2008 in Delaware. Particular focus is given to the crux of the dispute between the two companies.
ACCESSION #
36962064

 

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