Key Developments For HSN, Inc.
HSN, Inc. (HSNI.O) (Nasdaq)
HSN, Inc.Completes Spin-off from IAC
HSN, Inc. announced that it has completed its previously announced spin-off from IAC, marking its debut as an independent, publicly traded Company.
InterActiveCorp Files Registration For HSN, Inc. Spinoff-DJ
Dow Jones reported that InterActiveCorp filed a registration with the Securities and Exchange Commission for its spinoffs of HSN Inc., Interval Leisure Group Inc., Ticketmaster and Tree.com. InterActiveCorp will distribute about 73.28 million shares of HSN's common stock to the holders of IAC's common stock and Class B common stock. Each holder of IAC common stock and Class B common stock will receive one-fifth of a share of HSN's common stock, one-fifth of a share of Interval Leisure Group's common stock, one-fifth of a share of Ticketmaster's common stock and one-thirtieth of a share of Tree.com's common stock for every share of IAC common stock and Class B common stock. After the spinoff is completed, HSN will be a separate public company. Its common stock will be traded on the Nasdaq Stock Market under the symbol 'HSNI'.
