IAC’s CEO wants investors to rethink conglomerates

IAC’s CEO wants investors to rethink conglomerates

For Joey Levin, “synergy” is a four-letter word. “We don’t believe in synergy, we don’t support synergy,” the 37-year-old CEO of online brand conglomerate IAC said at a writer’s conference Friday. “We value autonomy over synergy.” In recent years, the company’s...