Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report

The chairman and senior executive of the New York based digital-media conglomerate – which owns brands including DotdashMeredith, Care.com and The Daily Beast – said it is "hard to predict, but think it's over for us," during a CNBC interview. Diller's comments signal he is no longer be a suitor. Media mogul Barry Diller hinted on Friday that his company IAC was no longer in the race to buy Paramount Global, CNBC reported on Friday. The two sides reached a deal in early July that would allow Skydance to acq ...