Thursday, June 25, 2015

IAC/InterActive Plans IPO of Matchmaking Business - WSJ

Multi-level initial public offerings...

"Barry Diller’s media conglomerate on Thursday unveiled long-awaited plans to pursue an initial public offering of the division, known for dating sites Match.com and OkCupid as well as dating app Tinder.

The plans come as the company looks to capitalize on the growing popularity of online matchmaking ahead of a potential contract change with Google Inc. that could affect its search business."
IAC/InterActive Plans IPO of Matchmaking Business - WSJ
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