Liberty Drops IAC Appeal on Breakup

May 14, 2008  •  Post A Comment

John Malone’s Liberty Media dropped an appeal against a ruling allowing IAC/InterActiveCorp’s Barry Diller to break up that company into five parts, which cuts Malone’s IAC voting rights, Daily Variety reports. Liberty will have the right to have a representative on the board of each of IAC’s new companies, the magazine says.
–Danny King

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