Will I receive physical certificates representing shares of common stock of the spincos following the separation?
No. Following the separation, neither IAC nor any of the spincos will be issuing physical certificates representing shares of the common stock of the spincos. Instead, the distribution agent will issue shares of common stock of the spincos to you or to your bank or brokerage firm on your behalf electronically by way of direct registration in book-entry form. You will either receive a book-entry account statement that reflects your shares of common stock of the spincos or your bank or brokerage firm will credit your account for the shares electronically.
