Speaking at a Goldman Sachs conference in New York City, IAC chief Barry Diller says company's cash cushion is unlikely to go toward acquisitions. But he has something for sale: a stake in his Japanese shopping channel.
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Barry Diller’s conglomerate, which includes Ask.com, Match.com and Ticketmaster, to dissolve in 5-way spin-off.
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HSN and mortgage unit Tree.com take charges; no spending spree with $1.3B, Diller says.
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Restructuring charges tied to pending breakup and mortgage-unit woes eat into results.
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