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IAC's five-way split done in the nick of time

NEW YORK -- Barry Diller is feeling very lucky right now.The consummate deal maker split his Internet conglomerate, IAC/InterActiveCorp, into five publicly traded companies in late August -- and not a moment too soon, he said in an interview this week. IAC borrowed $2 billion to finance three of the five companies."Some of our advisers said to us, 'Wait a few weeks,' and we said, 'We're not...

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Three-way split again on UK rates

Bank of England policymakers were again split three ways when they decided to hold interest rates at 5% earlier this month.

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Three-way split again on UK rates

Bank of England policymakers were again split three ways when they decided to hold interest rates at 5% earlier this month.

+Vote!

IAC completes 5-way split

Barry Diller's IAC/InterActiveCorp completed its split into five publicly traded companies Thursday, in a move intended to give each business more focus and value than it had in the previously cluttered whole.

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Five-Way Split for Diller's IAC/InterActive Corp. Completed

According to the Associated Press, Barry Diller's redundantly-named IAC/InteractiveCorp is splitting into five publicly traded companies . Presumably, there will be 10 names between them. According to AP: With the split, home shopping network HSN Inc., time-share business Interval Leisure Group Inc., ticketing service Ticketmaster and lending and real estate business Tree.com...

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Bank members in three-way split again on interest rates

An interest rate increase was ruled out this month because of the risk that it might make the economic downturn "unnecessarily deep", the Bank of England revealed today.

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Bank in another three-way split

As expected, the two academics on the Bank of England's monetary policy committee (MPC) again went their separate ways earlier this month, Tim Besley voting for a quarter-point rate hike and David "Danny" Blanchflower, voting for a cut. The majority,...

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MPC three way split on interest rates

AN interest rate increase was ruled out this month because of the risk that it might make the economic downturn "unnecessarily deep", the Bank of England revealed today.

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Film poll: it’s a four horse race!

Thanks to those who have taken part in my film poll. Currently, it is looking like a four way split between Apocalypse Now, Chinatown, Some Like it Hot and the Seven Samurai. Keep them coming folks!

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ImClone's New Erbitux Problem

... revenues from Erbitux, while Merck owns 90.0% of the drug's international rights. This three-way split already leaves ImClone with very little to add to its bottom line, but a recent development has been cutting into its Erbitux revenues even further. In 2007, a patent dispute was settled between ImClone, Sanofi-Aventis (nyse: - - ), and the Israeli Yeda Research and Development. The dispute...

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Can Niche Video Networks Make Money?

... the niche video networks offer and how the business relationship works? The first question I am always asked is- are these networks looking to license content, or are they primarily interested in acquiring and owning content? From those I spoke with, the consensus was that most networks look for a non-exclusive licensing type agreement that is based upon an advertising rev share, which is what...

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PSN Review: Calling All Cars

Calling All Cars is a good example of a title that was always going to be multiplayer from its conception. With the ability to have four way split screen, four player online and two player split screen whilst online you can instantly appreciate having friends if just to beat, and a headset to voice your opinions to those at the other end of your broadband connection (and secretly hope...

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Bank vote shows 'creep' towards rates cut this year

Markets had expected another three-way split on interest rates, as in August. Instead, policymakers voted 8-1 to keep interest rates on hold at 5 per cent this month. Besley did not repeat his call for an increase in borrowing costADVERTISEMENTs, while the dovish David Blanchflower – a supporter of rate cuts for some time – called for a half-point reduction to 4.5 per cent.Details of the vote...

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DoJ Trustbusters to Attack Google?

... “weak” record, imagine what antitrust true believers in an Obama administration might do. (A three-way split of Google into search, applications, and display ads, anyone?) I’m not sure whether structural separation is on Google’s near-term horizon, but Washington, D.C.’s parasite economy will make its move.

+Vote!

DoJ Trustbusters to Attack Google?

... “weak” record, imagine what antitrust true believers in an Obama administration might do. (A three-way split of Google into search, applications, and display ads, anyone?) I’m not sure whether structural separation is on Google’s near-term horizon, but Washington, D.C.’s parasite economy will make its move.