-
IAC's Vimeo Spin-Off Could Be Worth $10B, Analyst Says
Wednesday, December 23, 2020 - 3:20pm | 276IAC/Interactivecorp (NASDAQ: IAC) said on Tuesday it will spin-off its Vimeo video platform business that could be worth $10 billion in the public markets, according to BofA Securities. The Analyst: Ryan Gee maintains a Buy rating on IAC's stock with a price target lifted from $154 to $214. The...