by AIM Group | Feb 19, 2009 | Uncategorized
InterActiveCorp is selling Match.com's European operations to Meetic for €5 million (about $6.3 million U.S.) and a 27-percent stake in the France-based dating service company.
Additional terms of the transaction were not disclosed.
IAC reported that Match Europe contributes about 13 percent of the unit's operating income, or about $11.9 million of Match's unadjusted 200
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