IAC wins control of online dating site Meetic: AMF

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PARIS | Thu Aug 18, 2011 6:23am EDT

PARIS (Reuters) - IAC/InterActiveCorp has won control of French online dating service Meetic, boosting its stake to 77.6 percent, after most shareholders agreed to IAC's 15 euros per share offer price.

French markets regulator AMF said IAC, through two arms of its Match.com unit, had gained 73.7 percent of voting shares and 77.6 percent of Meetic's capital.

Match.com has said it did not plan to delist Meetic after completion of the offer, which expired on Tuesday and valued the French company at 347 million euros ($489 million).

(Reporting by Christian Plumb and Gwénaelle Barzic; Editing by Dan Lalor)

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Comments (1)
FerArdenghi wrote:
It is customary for the IAC (Match) to destroy every online dating site they acquire. Both Chemistry and Meetic Affinity are HOAXES. No one is scientifically proven.
The entire Online Dating Industry for serious daters in 1st World Countries is a HOAX, performing as a Big Online Casino, with a low effectiveness/efficiency level of their matching algorithms (less than 10%) There is a range convergence phenomenon between the 3 mains tools online dating sites offer now: Searching by your own, Recommendation Engines and Compatibility Matching Methods based on proprietary models or the Big5. Any member receives on average 3 to 4 prospective mates as selected / recommended / compatible for dating purposes per 1,000 members screened in the database.
They all 3 are performing the same for serious daters, with a high percentage of false positives, like gun machines firing flowers.

Aug 19, 2011 5:02pm EDT  --  Report as abuse
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