craigatk

IAC et al: Sorting Through Barry Diller's New Offspring

Noticed the supposed mistake. 1 share of "new" IACI is really 1/2 of an old IACI due to the 1 for 2 reverse split. New calc makes 1 share of IACI using this numbers above worth $19.38. Anybody else?

IAC et al: Sorting Through Barry Diller's New Offspring

The when-issued action is interesting. According to my calcs, the when-issued worth of 1 share of IACI today pre-split (today trades at around $18.24) is $28.88. Am I doing the math correct or missing something else that is relevant? Big buying signal if not!

1 share IACI = 1 share "new" IACI + 1/5 share TKTM + 1/5 share HSNI + 1/30 share TREE + 1/5 share IILG using your above stated when-issued prices.