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BRIEF-The Meet Group to acquire lovoo
September 20, 2017 / 2:19 PM / 3 months ago

BRIEF-The Meet Group to acquire lovoo

Sept 20 (Reuters) - Meet Group Inc

* The Meet Group to acquire Lovoo

* Meet Group Inc - deal for ‍$70 million​

* Meet Group Inc - deal ‍expected to be accretive to non-gaap earnings per share in 2018 and beyond​

* Meet Group Inc - deal ‍funded with existing cash and an increase of company’s existing debt facility​

* Meet Group Inc - ‍expects that lovoo will remain a separate brand and standalone mobile application following closing of acquisition​ Source text for Eikon: Further company coverage:

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