Friday, August 9, 2019
Match (MTCH) downgraded; spin off considered
https://seekingalpha.com/news/3489671-match-downgraded-spin-considered
* Barry Diller ("owner of IAC") is too old and could be severely ill.
* MTCH has big debt, in the range of USD 1.6 Billion
* MTCH has 3 lawsuits against it, one from Bumble Badoo
* Tinder started as copycat of Badoo
* Facebook dating wind can start in 2020 to erode Tinder revenue, even Shoelace new social net from Google.
http://onlinedatingsoundbarrier.blogspot.com/2019/08/iac-considering-spinoff-of-match-group.html
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