IAC announced plans to spin off Tinder parent Match Group into its own company on Friday. Shares of Match Group fell as much as 4.3% following the news. IAC gained as much as 6.2%. ANGI Homeservices will stay with IAC until the Match spin-off is completed, the company said. In August, IAC said it was exploring options to spin off both groups. Watch Match Group trade live on Markets Insider. Match Group may soon be single. Shares fell as much as 4.
IAC announced plans to spin off Tinder parent Match Group into its own company on Friday. Shares of Match Group fell as much as 4.3% following the news. IAC gained as much as 6.2%. ANGI Homeservices will stay with IAC until the Match spin-off is completed, the company said. In August, IAC said it was exploring options to spin off both groups. Watch Match Group trade live on Markets Insider. Match Group may soon be single. Shares fell as much as 4.