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Match.com Agrees To Buy People Media For $80 Million

July 7th, 2009 · No Comments

IAC/Match.com is buying into the niche groups subscription dating business with the acquisition of People Media from private equity firm American Capital Ltd. and various investors for $80 million in cash. The deal will add 27 dating sites with a combined 255,000 paying subcribers to the IAC (NSDQ: IACI) portfolio, including BlackPeopleMeet.com, LDSPlanet.com (Latter Day […]

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Tags: Dating Industry News

Match to Buy Yahoo Personals

May 3rd, 2009 · No Comments

The InterActiveCorp says that it is in talks to buy Yahoo’s online-dating business, Yahoo Personals, after posting a first-quarter loss due to a dip in online advertising. IAC CEO Barry Diller said Wednesday his company was in discussions around acquiring the Yahoo Personals property, but he cautioned that it was too early to know whether […]

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Tags: Dating Industry News