IAC/InterActiveCorp is Unsung Hero of Internet, Analyst Says

MarketWatch: Shares of IAC/InterActiveCorp rose Tuesday after Jefferies analyst Brent Thill projected that the company’s business assets “will generate north of $1.3 billion” this year. “It sounds crazy, but a 0x multiple for these businesses would imply $3.8 billion more value than the market currently assigns.” He calls IAC the “unsung hero of the internet.”