French online matchmaker Meetic buys Germany's Neu

PARIS | Wed Nov 28, 2007 1:17pm EST

PARIS Nov 28 (Reuters) - French online dating sites operator Meetic (MEET.PA) said on Wednesday it had agreed to buy Germany's Neu.de matchmaking site for 25 million euros ($36.83 million) in cash.

It said it would merge Neu with its existing Meetic.de site under the Neu.de banner because market research had shown Neu was the best-known dating site in Germany even if, with 26,000 subscribers, it ranked only third. (Reporting by Nick Antonovics)

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