Is HSN On The Block?
Thwarted by the debt market crisis, all eyes are on the highly acquisitive Barry Diller. CNN Money‘s Paul R. La Monica asks today whether investors are tired of the IAC Chairman, who last year was the highest paid CEO in America, and this year is collaborating with Frank Gehry on a nine-story glass and concrete building on the west side.
There has been some speculation that Diller might sell the Home Shopping Network — described sometimes as profitable but unglamorous — to Liberty Media so that IAC might become a smaller but potentially more profitable company.
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