IAC/Interactive (IACI) and Liberty Media (LINTA) have announced a settlement of their legal dispute involving the proposed IACI plan to spin-off four of its businesses to independent public companies.

Liberty will drops its appeal of a Delaware Chancery Court decision in their dispute, and will not oppose the IACI plan to spin-off its HSN, Interval International, Ticketmaster and Lending Tree units, all with single classes of common stock. The companies also reached standstill agreements on Liberty’s ability to increase its stake in the spin offs.