Match.com Tender Offer for Meetic S.A. Successful Based on Results of Initial Offer Period
NEW YORK, Aug. 18, 2011 /PRNewswire/ -- Match.com, the world's leading personals company and an operating business of IAC/InterActiveCorp (NASDAQ: IACI), announced today that its tender offer on the outstanding shares of Meetic S.A. is successful based on the results of the initial offer period.
The French Autorite des marches financiers (AMF) published today the results of the initial tender offer, which show that on the closing date of the initial offer period on August 11, 2011, 11,735,405 shares have been tendered to the offer, representing 51.05% of the share capital of Meetic, calculated on the basis of Meetic's share capital issued on July 29, 2011.
The tendered shares include the 3,667,733 shares tendered by Mr. Marc Simoncini pursuant to his tender commitment entered into with Match on May 31, 2011. Upon the settlement of the tendered shares on August 29, 2011, Match will hold 17,829,739 shares, representing 77.55% of the share capital, calculated on the basis of Meetic's share capital issued on July 29, 2011.
The timetable of the subsequent offer will be determined by the AMF in the coming days.
The tender offer prospectus (note d'information) cleared by the AMF is available for consultation on the website of the AMF (www.amf-france.org) and may be obtained free of charge from BNP Paribas, 4, rue d'Antin, 75002 Paris.
About Match.com
Founded in 1995, Match.com was the original dating website and pioneer of the online dating industry. Throughout its fifteen year history, Match.com has been responsible for more dates, relationships and marriages than any other website. The company's comprehensive online dating services also include Chemistry.com, Singlesnet and People Media's 28 targeted websites such as OurTime.com and BlackPeopleMeet.com. Today, Match.com operates leading subscription-based online dating sites in 25 countries, 8 languages and across five continents. Match.com is an operating business of IAC and is headquartered in Dallas, Texas. For more information, visit www.match.com.
About IAC
IAC operates more than 50 leading and diversified Internet businesses across 30 countries... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at www.iac.com.
Contact Information:
IAC Investor Relations
Nick Stoumpas
(212) 314-7495
IAC Communications
Nicole Albertson
(212) 314-7254
SOURCE IAC
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