DAILYRECORD.CO.UK - Dec 8 - Cupid's shares dropped 24% on Monday on the announcement it plans to sell off its remaining dating sites as it looks to reclassify as an investment company. Cupid has agreed to sell off its core dating sites Cupid, UniformDating and LoveBeginsAt, to Tradax IP Licensing, Together Network Holdings and Together Networks for £3M. It also proposes to rename itself Castle Street Investments plc if plans to reclassify as an investment company are approved.
by Scott McCulloch
See full article at DailyRecord.co.uk
This post also appears on InternetDatingInvestments.
Sounds like they paid max to take his company back.
Posted by: Markus Frind | Dec 09, 2014 at 12:41 PM
Indeed.
Posted by: Jason S. | Dec 09, 2014 at 04:00 PM
Hell of a deal really. Cupid is my favorite domain in the dating industry. I hope someone has the vision to bring the baby to life. No other brand has 2000 years of history behind it.
Posted by: Mark Brooks | Jan 08, 2015 at 01:10 PM