IAC Stockholders Approve Vimeo Spin-off
Share this article NEW YORK, May 14, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) today announced that, at its stockholder meeting held today, IAC stockholders voted to approve the separation of Vimeo from the remaining businesses of IAC. IAC anticipates the spin-off will be completed prior to the open of business on Tuesday, May 25, 2021, subject to the satisfaction or waiver of all closing conditions, and that Vimeo will begin trading on Nasdaq (ticker symbol "VMEO") that day. Subject to the final approval of the IAC board of directors, IAC expects that Vimeo will trade on Nasdaq on a "when-...