Diller: I Doubt We Have Very Much Interest In Buying AOL
Point: John C. Malone. IAC/InterActiveCorp’s fourth quarter $369.9 million loss gives Libert Media Corporation chairman Malone even more ammunition in his operatic struggle to oust Diller from the digital media company he founded. Last summer Diller became the first media mogul to get hit by the housing crisis. From Bloomberg:
”’It probably hurts Barry Diller’s hand,’ said Jeffrey Lindsay, an analyst with Sanford C. Bernstein & Co. in New York. ‘If he came in with a stellar set of results, the balance of sentiment among investors would be for him.
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