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Jul 7, 2009 8:53 AM
Broad-based online dating site Match.com is buying into the targeted 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 subs to the IAC…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, blackpeoplemeet.com, ldsplanet.com, match.com, people media
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