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I stand corrected and thanks for the pointing this out. It would be nice if the IAC would have clearly spelled out the distribution in the new release. Alpha posted the 1/5th distribution incorrectly and I went off that number. 2008-08-13 18:34 ET Invesco Ltd. will replace...

I guess I am not the only one following the story.\ http://seekingalpha.com/article/90835-iac-et-al-sorting-through-barry-diller-s-new-offspring Lehman analyst Douglas Lehman price estimates put IAC at ~$29.00 value based on the 5 trading parts. I sure wish I could short the 5 and ARB...

I have been reading Elite for ages but never posted. I thought this would be a really interesting play since it is not everyday a major name breaks into 5 pieces. A bite suprised nobody has a take on this one. Looking at the spot right now of the 5 symbols I get a value of 21.05 for...

Surprised on no comments. The 5 symbols started trading today on an "when issued" basis. If you own 1000 shares of IAC on Aug 21st you get: 500 shares of new IAC (trading now as IACIV) 200 shares of TREE (trading now as TREEV) 200 shares of TKTM (trading now as TKTMV) 200 shares of...

Should make for a very interesting play next week. IACI is spinning off 4 divisions on names everyone knows. So you get 5 public company if holding IACI. They have been talking about this spin-off for over a years and people were thinking it would ever happen. IACI already looks...