Reported about 16 hours ago
Arkhouse, led by Gavriel Kahane, is challenging Barry Diller's IAC by advocating for changes to boost shareholder value. Unlike traditional activist investors, Arkhouse aims to collaborate with management to realize the company's potential, identifying significant undervalued assets within IAC. Kahane discusses his previous efforts to buy Macy's and expresses optimism about IAC's future, emphasizing the need for strategic asset realization and possible restructuring.
Source: YAHOO