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The much-awaited Angi spinoff is here. What’s changing? - MarketWatch

1. IAC plans to spin off Angi Inc. to simplify structure. 2. The board approved the spinoff to free up capital. 3. CEO Joey Levin will become Angi's executive chairman post-spinoff.

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FAQ

Why Bullish?

The spinoff can unlock value and improve IAC’s focus, similar to past successful spinoffs.

How important is it?

The operational shift directly affects IAC’s value proposition and future growth potential.

Why Long Term?

Long-term benefits expected as IAC’s structure becomes more streamlined and efficient.

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