Just a bit of fine print to consider
"The media conglomerate that owns Match, IAC/InterActiveCorp, whose chairman is Barry Diller, has been acquiring a number of dating sites over the last few years. As the online-dating industry increased in popularity, legacy sites like Match.com started facing more competition from free models like OkCupid. Mr. Diller’s strategy was to build scale by acquiring a portfolio of brands – now 45 in all – and eventually spin them off under the Match umbrella.
Match is selling 14 percent of itself in the I.P.O., the first step in a split from IAC. But IAC will maintain control.
Match will give three classes of stock, by which IAC’s Class B shares will represent an economic stake of 86 percent and 98.4 percent of the voting power. The class of shares sold to the public through the I.P.O. – known as common stock – will have 1.6 percent of voting power. There will not be shares of Class C, the third class, outstanding after the I.P.O.Match Is Seeking $3.1 Billion Value in I.P.O. - The New York Times
Match plans to use the proceeds generated from the I.P.O. to repay debt to IAC."