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LendingTree going solo! Who's going to be buying stock in LendingTree?

By
Real Estate Broker/Owner with Realty Arts NC Broker License #235526

IAC/Interactive announced this morning that it will be splitting into 5 independent publicly traded companies.

The real estate end of the company, LendingTree, real estate.com, domainia, etc, will be organized under the LendingTree brand.

I heard the fellers on CNBC, particularly Joe Kernan, saying it was overdue, and that the company had been too complex to understand for a long time.

But I'm honestly ignorant of all the ramifications of the separation, or the viability of the individual company.  I just tend to think of LendingTree as the mortgage site where folks can shop for a lender.

So, as a real estate professional, how do you feel about LendingTree and the financial arm of IAC/Interactive a a stand alone publicly-traded company?

Posted by

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Scan the QR Code with your Smartphone to Email MeQR CodeMike Jaquish, REALTOR®

919-880-2769 www.RealtyArts.com

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Independent Broker/Owner, Realty Arts

130 Towerview Court,

Cary, NC

Comments(2)

Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Mike, Diller is only doing this to increase the overall valuation of IAC. The parts are always worth more than the whole. It won't make LendingTree any more palatable to mortgage brokers.

Bill Roberts

Nov 05, 2007 02:39 AM
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

Bill,

I guess that value enhancement is his job, isn't it?

Palatability, less so, I suppose...

Thanks for commenting.

Nov 05, 2007 03:23 AM