Announced
Financials
Sources
Tags
online platform
Online and Social Platforms
United States
Acquisition
Single Bidder
Friendly
Pending
Majority
Spin Off
Public
Synopsis
InterActiveCorp, a media and internet company, is set to spin-off Match Group, which provides internet-based services. Financial terms were not disclosed. “We’ve grown up tremendously over the last 20 years as part of IAC, from an innovator in a nascent category to a global leader in a fast-growing market with millions of users all over the world. Match Group is in an incredibly strong position as we enter this transaction and we are ready for the next chapter of the company’s journey,” Mandy Ginsberg, Match Group CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.