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Liberty Media takes action to force Diller out as chair of IAC: report
AFX ^ | January 28, 2008

Posted on 01/28/2008 4:39:44 PM PST by HAL9000

Excerpt -

SAN FRANCISCO (Thomson Financial) - Liberty Media filed a court action Monday seeking to remove IAC/InterActiveCorp Chairman Barry Diller from IAC's board, according to media report.

Liberty, which owns a majority voting stake in IAC that has previously been voted by Diller under a proxy agreement, also sought to remove others from the board of IAC and replace them with Liberty nominees, the Wall Street Journal reported.

~ snip ~


(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: diller; iac; libertymedia; malone

1 posted on 01/28/2008 4:39:47 PM PST by HAL9000
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