User12760_2_t Mike Jaquish Keller Williams Realty, Cary, NC
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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?

 

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

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

11/05/2007 10:39 AM by Bill Roberts - "Baby Boomer" Retirement Planning (Brooks and Dunphy Real Estate)


Bill,

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

Palatability, less so, I suppose...

Thanks for commenting.

11/05/2007 11:23 AM by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)


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Real Estate Agent: Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)
Mike Jaquish Keller Williams Realty, Cary, NC
Cary, NC
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Keller Williams Realty

Cell Phone: (919) 880-2769
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Musings and meanderings around the North Carolina Triangle area, with pithy stuff about the Raleigh and Wake County area, particularly Cary, and thoughts about the Real Estate industry.


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