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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