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IAC(IAC.US)將分拆家居裝修Angi(ANGI.US) 後者股價盤後漲16%

IAC (IAC.US) will spin off its home improvement service Angi (ANGI.US), and the latter's stock price rose 16% in after-hours trading.

AASTOCKS ·  Jan 13 21:14

IAC (IAC.US) announced Monday that its board approved the demerger of its home improvement business Angi (ANGI.US), acquired in 2017, with the split expected to be completed in the second quarter of this year. Angi shares rose 16% after closing.

As part of the split, IAC Chief Executive Joey Levin will step down and serve as a corporate consultant, while Levin will serve as Angi's executive chairman.

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