BREAKING: Diller, Malone Dispute Resolved; IAC Spinoffs Can Go Forward

This story was written by Staci D. Kramer.
Liberty Media (NSDQ: LINTA) and IAC (NSDQ: IACI) have settled their highly publicized differences, the two companies announced in a joint statement within the past few minutes. Liberty is dropping its appeal in exchange for, among other things, guarantees of representation on each of IAC's spun off companies. More to come.

By Staci D. Kramer