Tuesday, July 14, 2015

PlentyOfFish Joins Tinder At IAC's Match Group, After $575M Buy

Dating website PlentyOfFish is joining up with Los Angeles-based dating service Tinder, over at Tinder's parent company--The Match Group--after IAC said it would pay $575M in cash for PlentyOfFish this morning. IAC's Match Group--which also runs Match, OkCubid, and Meetic, in addition to Tinder--said the buy will help it expand its family of produccts. PlentyOfFish was led by Markus Frind; the deal is subject to approval by Canadian authorities.

---