The Match Group is now offering 33 million shares in the IPO. The company has also told that the under writers will be having an excess of 30 days to buy an extra 5 million shares of the company in the same IPO price. The price of each share in the IPO is $12.00 to $14.00, said the sources. Bofa Merrill Lynch, Allen & Company LLC and the J.P Morgan Securities LLC are currently acting as the Book running managers for the Match Group. BNP Paribas, Barclays, BMO Capital Markets and the Deutsche Bank Securities are acting as the Book runners of the company.
Copy of preliminary prospectus is available with J.P.Morgan
The Match Group has clearly told that the IPO of the company will be strictly done based on what has been mentioned in the prospectus. It has also told the investors to go through the prospectus completely before getting into any decisions on buying the shares of Market Group. The preliminary prospectus of the Market Group IPO will be available with the J.P.Morgan. The prospectus can also be availed from J.P.Morgan through mails, said the Market Group in the IPO announcement.
The statements about the IPO have all been registered with the U.S Securities and Exchange Commission. But these statements have not become effective yet. Since the statements are not effective, the shares can never be sold or not even offered for a sale. Once the statements are effective, the offer for the sale of shares can be made. Till that, the press release by the Market group will not be containing any information about selling the shares or any offer regarding the shares. Such an offer if made, then the act will be considered unlawful, said the sources.
About Match Group
The Match Group is the world’s largest provider of dating products. The company is currently offering 45 products. The company serves worldwide. Some of the famous products of Match Group are FriendScout24, BlackPeopleMett, OurTime, Plentyoffish, Twoo, Meetic, Tinder, OKCupid and Match. Each of these products is designed in a way that it increases the likelihood of the customers to find their romantic connections. The company is also providing tailored products to the users. The dating products of Match Group are available now in 38 languages all over the world across 190 countries. The Princeton Review is also a product of Match Group, which is a college counseling service product.
IACI is a leading internet and media company that has been segmented into 4. One among the four segments is the Match group. The Match Group is taking care of the dating and education businesses. The education business of the Match Group includes sites like Investopedia, Dictionary.com, Ask.com and About.com. The media business consists of Electus, Vimeo, CollegeHumor, dailybeast. The company is also into the ecommerce business that includes Shoebuy and the HomeAdvisor. The IACI is having its head quarters at New York City and has its branches all over the world.
Copy of preliminary prospectus is available with J.P.Morgan
The Match Group has clearly told that the IPO of the company will be strictly done based on what has been mentioned in the prospectus. It has also told the investors to go through the prospectus completely before getting into any decisions on buying the shares of Market Group. The preliminary prospectus of the Market Group IPO will be available with the J.P.Morgan. The prospectus can also be availed from J.P.Morgan through mails, said the Market Group in the IPO announcement.
The statements about the IPO have all been registered with the U.S Securities and Exchange Commission. But these statements have not become effective yet. Since the statements are not effective, the shares can never be sold or not even offered for a sale. Once the statements are effective, the offer for the sale of shares can be made. Till that, the press release by the Market group will not be containing any information about selling the shares or any offer regarding the shares. Such an offer if made, then the act will be considered unlawful, said the sources.
About Match Group
The Match Group is the world’s largest provider of dating products. The company is currently offering 45 products. The company serves worldwide. Some of the famous products of Match Group are FriendScout24, BlackPeopleMett, OurTime, Plentyoffish, Twoo, Meetic, Tinder, OKCupid and Match. Each of these products is designed in a way that it increases the likelihood of the customers to find their romantic connections. The company is also providing tailored products to the users. The dating products of Match Group are available now in 38 languages all over the world across 190 countries. The Princeton Review is also a product of Match Group, which is a college counseling service product.
IACI is a leading internet and media company that has been segmented into 4. One among the four segments is the Match group. The Match Group is taking care of the dating and education businesses. The education business of the Match Group includes sites like Investopedia, Dictionary.com, Ask.com and About.com. The media business consists of Electus, Vimeo, CollegeHumor, dailybeast. The company is also into the ecommerce business that includes Shoebuy and the HomeAdvisor. The IACI is having its head quarters at New York City and has its branches all over the world.