Deals
Diller Exits IAC CEO Role as Malone Exchanges Stake
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Barry Diller stepped down as chief executive officer of IAC/InterActiveCorp., naming Greg Blatt as his replacement, and John Malone exchanged his holdings in IAC for two online businesses and about $220 million in cash.
Blatt, 42, joined IAC in 2003 as general counsel and was named CEO of the company’s Match.com business last year, the company said in a statement. Diller will take on the role of chairman and senior executive, IAC said.