PRESS RELEASE - Dec 21 - Meetic has signed an agreement for the acquisition of Massive Media, the company behind Twoo.com.
Twoo is a social discovery service. Since launching in April 2011, Twoo
has leveraged their organic and viral growth to build a global audience
of 9.6M unique visitors1 in October 2012 and is available in 38
languages worldwide. Meetic will acquire 100% of the Company's capital
and voting rights for 18.9M Euro cash. IAC/InterActiveCorp is Meetic's main shareholder, with an 81% stake.
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