Match.com Increases Its Stake In Meetic From 80.8% To 87.5%

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Match.com Increases Its Stake In Meetic From 80.8% To 87.5%

PR NEWSWIRE - Sep 25 - Match.com has acquired all remaining shares held by Marc Simoncini, Meetic's founder, which represent 6.7% of the capital. The average price was €29.5M (€18.75). Match now owns 87.5% of the capital and 88.6% of the voting rights of Meetic. Mr. Simoncini has resigned from Meetic's board of directors. Match intends to launch a voluntary simplified public tender offer for all of the outstanding shares of Meetic at a price of €18.75 per share.