#onlinedating | Wachtell To Steer Match Group Owner’s IPO | #bumble | #tinder | #pof

Law360 (June 16, 2020, 7:17 PM EDT) — IAC Holdings, the majority owner of Match Group dating apps including Tinder, Match and OkCupid, on Tuesday filed for an initial public offering guided by Wachtell Lipton Rosen & Katz as it continues the process of offloading its entire stake in its online dating-focused subsidiary.

IAC Holdings Inc. said in a filing with the U.S. Securities and Exchange Commission that it would offer more than 45,500 shares of common stock in the offering to raise money for general business activities.

The company did not note the share price, but it did say the maximum offering price would be $3.26 million, a…

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