I found a strange press release from a billing company talking about meetic. It seems that meetic has out sourced all billing to a third party ? Can anyone shed any light on what exactly this is?
As for the match meetic deal, details of the transaction are here.
“Meetic SA to buy Match.com International Ltd. from IAC/InterActiveCorp. for $110 million
Boulogne-Billancourt, France-based online dating service provider Meetic agreed to acquire Match.com International, known as (Match Europe, the UK-based European operations of Dallas-based online dating service provider Match.com. The seller is IAC/InterActiveCorp., the New York City-based E-commerce group, which is paying $16.9 per share for 6,094,334 new shares, along with promissory notes of $6.64 million, in a transaction that will give IAC a 26.8-percent stake in Meetic and 21.1 percent of its voting rights. The transaction is expected to close no later than June 30.”
I wonder what be2, parship and eharmony will do this year…