IAC Inc. (NasdaqGS:IAC) will look for M&A. Joseph Levin, Chief Executive Officer said, "We - M&A has been core to IAC for all of our history and remains so today. Maybe the only different -- not even necessarily different, but the only thing I'd highlight today is that the bar is higher on account of the discount and a bunch of things we already own, including IAC. And that's the bar against which we evaluate M&A and we'll continue to evaluate M&A. But if we see opportunities, we will certainly take them.

I think that our sweet spot is probably in the $200 million to $600 million range, something like that. Could we go bigger? Yes.

Could we go smaller? Yes. But those are -- that's probably where we'll focus and I think kind of has been successful for us in the past and can be in the future".