IAC-owned Match.com has set its sights on Europe’s largest dating site, Meetic.com. Match Match.com has put in a public tender offer to acquire all of the outstanding shares of Meetic for €15.00 per outstanding share in cash (that’s $21.42 in U.S. dollars). That’s a 11.6 percent increase in value from the closing price of Meetic shares on May 27, 2011 (€13.44) and values the company at nearly… → Read More
Meetic, the popular European online dating company, announced today that it has agreed to buy the European operations of the IAC-owned Match.com. The news was announced on the blog of Loïc Le Meur, who is a board member of Meetic but will need to resign to leave room for an IAC representative.
IAC will sell 100% of the stock of Match Europe – the entity that houses Match.com’s European… → Read More