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While IAC has said it's basically done with major acquisitions after, consider that it just sold its stake in Vivendi Universal for US$3.4 billion.

Although the deal is complex and convoluted, it should give IAC the ability to do just what it says it isn't likely to do — make another major acquisition. For example, Ask has a partnership with PriceGrabber but doesn't have its own shopping engine, which would make sense. Given the recent acquisitions of and BizRate/Shopzilla, this might be something that the folks at IAC are looking at (total speculation).

There might be no new activity, however, until IAC figures out whether it wants to be a network or a collection of stand-alone brands.

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