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Interactive Corp. (NASDAQ: IAC) has a strong history of buying businesses, building them up, and then spinning them out as separate entities. Its most successful venture turned into Match Group , the dating app conglomerate that is now worth almost $40 billion. Just this week, IAC spun off another one of its subsidiaries, a video software company called Vimeo (NASDAQ: VMEO) . Given the company's strong track record, should investors buy this latest IAC spinoff? Let's take a look.