IAC / InterActiveCorp is a global Internet and media company. The company is headquartered in New York, New York.
| Revenue (TTM) | $2.33B |
| Gross Profit (TTM) | $1.55B |
| EBITDA | $166.02M |
| Operating Margin | -9.50% |
| Return on Equity | 2.98% |
| Return on Assets | 0.40% |
| Revenue/Share (TTM) | $29.66 |
| Book Value | $61.02 |
| Price-to-Book | 0.74 |
| Price-to-Sales (TTM) | 1.37 |
| EV/Revenue | 1.577 |
| EV/EBITDA | 7.97 |
| Quarterly Earnings Growth (YoY) | -88.90% |
| Quarterly Revenue Growth (YoY) | -12.20% |
| Shares Outstanding | $68.60M |
| Float | $55.07M |
| % Insiders | 3.35% |
| % Institutions | 113.16% |
Volatility is currently contracting
The media industry has spent the better part of a decade working to capture the attention of audiences whose content consumption habits have diversified to include many options beyond legacy models. Increasingly, the vertical screen has become the dominant one in people's lives.
Shares will begin trading under new Nasdaq stock symbol "PPLI" effective at market open today NEW YORK, June 4, 2026 /PRNewswire/ -- Today People Incorporated, formerly IAC (Nasdaq: IAC), announced its legal name change and that the Company's common stock, listed on the Nasdaq Capital Market, will begin trading under the new ticker symbol PPLI, effective at market open today June 4, 2026. People Incorporated is the public entity that owns America's largest publisher People Inc., and a significant minority stake in MGM Resorts International.
Bloomberg Intelligence's Jody Lurie joins Scarlet Fu on "Bloomberg Deals." Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn't already own, marking the latest pivot for the billionaire media mogul after overhauling IAC.
A buyout proposal for a major casino operator typically creates a straightforward path for investors. The stock price usually settles just below the offer to account for time and deal risk.
OKLAHOMA CITY, June 01, 2026 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving Industrial Acceptance Corporation d/b/a IAC, Inc. To join the class action lawsuit, visit our site HERE. On February 24, 2025, Industrial Acceptance Corporation d/b/a IAC, Inc. (“IAC”) became aware of suspicious activity on its computer network, indicating a data breach.
MGM Resorts International (NYSE:MGM) has received a non-binding, all-cash takeover proposal from American billionaire and media mogul Barry Diller's People Inc, formerly IAC, (NASDAQ: IAC) to acquire the 73.9% of the company it does not already own at $48.30 per share. People Inc said the offer implies an equity value of approximately $18 billion for the remaining stake and represents a 24.1% premium to MGM's 30-day volume-weighted average price through May 29, 2026, as well as a 10.6% premium to the latest closing price.
Barry Diller is making his next big move as People Inc. (previously IAC) submitted a non-binding proposal to acquire control of MGM Resorts International. The plan would be to buy outstanding MGM shares that People doesn't already own and take the publicly-traded company private. People Inc.
MGM Resorts International shares jumped on Monday after Barry Diller's People Inc. submitted a proposal to acquire the casino operator in a deal that values the company at approximately $18 billion, including debt. People Inc., formerly known as IAC, already owns a 26.1% stake in MGM and has offered to acquire the remaining shares it does not own for $48.30 per share in cash.
Diller, senior executive and chairman of the internet and media conglomerate he founded in 1995, is worth an estimated $5.2 billion as of Monday. He has been chair of online travel giant Expedia since his company acquired Liberty Expedia in a $2.6 billion deal in 2019 and he built Pier 55 named—a park and performance venue named "Little Island"—in the Hudson River in 2021.
Barry Diller, whose company already owns a 26% share of casino giant, has said he sees it as a business that is less at risk of being disintermediated by technology.
