REUTERS - June 20 - Cupid said it has been approached by multiple parties for its casual dating sites and added that it expects core earnings for the first half to be hit by higher marketing costs. Cupid was in talks to sell its casual dating business that operates benaughty.com and flirt.com. EBIDTA for the six months ending June 30 is estimated to be ~2.5M pounds ($3.9M).
by Brenton Cordeiro
See full article at Reuters
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