Filings Watch: Liberty Unloads More IAC Shares

Liberty Media (NSDQ: LINTA) sold another 46,000 shares of IAC stock, according to an SEC filing. The price at $15.04 per share on Feb. 3, 2008. Liberty now owns just over 25 million shares of IACI (NSDQ: IACI). Liberty had been disposing of IACI shares in recent months and speculation about its motives range from raising cash in order to pay down Liberty debt or to simply get out of the pure-play internet publisher Interactive Corp. For example, early last month, the cable TV company cashed in 1.3 million shares in IAC.