Beta

Match.Com Acquires Dating Sites For $80 Million Cash

July 23, 2 Comments

IAC (NASDAQ: IACI) announced that it has signed an agreement to acquire People Media from American Capital Ltd (NASDAQ: ACAS).

People Media had $11.6 million of EBITDA in 2008 and operates 27 dating sites including BlackPeopleMeet.com, SingleParentMeet.com, SeniorPeopleMeet.com, BBPeopleMeet.com and LDSPlanet.com, with a combined 255 thousand paying subscribers.

Share and Enjoy:
  • Digg
  • Technorati
  • del.icio.us
  • Reddit
  • StumbleUpon
  • Propeller
  • Sphinn
  • Slashdot
  • NewsVine
  • Fark
  • Mixx
  • connotea
  • Facebook
  • Google Bookmarks
  • email
  • BarraPunto
  • BlinkList
  • blogmarks
  • Blogosphere News
  • blogtercimlap
  • MySpace
  • Twitter

Comments

Comment by robb - July 23, 2009 @ 06:12 PM

they should have bought the Friend Finder network before Penthouse did.

Comment by Shea Hanson - October 13, 2009 @ 11:30 PM

It takes all kinds! Live, enjoy!

Add Your Comment

Add to Twitter Add us to your Facebook

Stock Quotes

GOOG579.54  chart-1.60
YHOO16.32  chart-0.21
DBS.AX0.34  chart+0.00
MCHX5.30  chart-0.03
BNX0.45  chart-0.01
TCX0.87  chart+0.05
LIVC.OB0.18  chart+0.02
LOCM5.90  chart+0.08
VRSN26.64  chart-0.09
LKI.DE3.50  chart-0.09
2010-03-12 16:00

Search

Categories


PositiveSSL


Domaining.com recommends this domain drop site

About Us | Contacts | Sitemap

© 2009. All rights reserved.