other material
confidence high
sentiment neutral
materiality 0.70
IAC announces Angi spin-off details; 401(k) blackout March 31–April 3
IAC Inc.
- Board approved spin-off of Angi Inc. on March 7, 2025.
- Record date for Angi stock dividend distribution is March 25, 2025.
- Blackout period for IAC Retirement Savings Plan runs from 4:00 PM ET March 31 to 9:30 AM ET April 3, 2025.
- Participants with IAC Stock Fund balances temporarily unable to transact during blackout.
- New Angi Stock Fund will be established; frozen to new investments after spin-off.