"He expects some "material corporate event" at IAC within six months. One option: off-loading the St. Petersburg TV shopping network, IAC's largest business unit. The most likely buyer is said to be John Malone's Liberty Media Corp. After all, Liberty owns 19 percent of IAC, handed HSN off as the cornerstone for Diller's e-commerce empire in 1995 and already owns HSN rival, QVC, outright." Join discussion...