Tech

Match.com Makes Buyout Offer For Europe's Biggest Dating Site Meetic

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Marc Simoncini, Founder of Meetic.com

IAC, which owns Match.com, just made a tender offer to buy out publicly-traded Meetic.com, the top dating site in Europe, for 15 euros per share, a 11% premium, the companies announced today. 

Match already owns 27% of Meetic after the two companies swapped out their European and American assets. 

Meetic.com's founder and CEO Marc Simoncini had been looking to sell out. An earlier deal fell through, and meanwhile Simoncini has been setting up a large venture firm and a new startup called Sensee. 

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Pascal-Emmanuel was a senior research analyst for Business Insider Intelligence. He is also a business and economics columnist at Atlantico, a lecturer at HEC Paris business school and a mentor at startup accelerator programs SeedCamp and Le Camping. Prior to BI Intelligence he was a reporter at SAI, Business Insider's internet page. His writing has appeared in The Atlantic, Forbes, The Daily, Le Figaro, Rue89, techPresident, The American Scene and even Fashionista.  In a previous life, he co-founded a venture-backed consumer web startup. He has an MSc in management from HEC Paris. He lives in Paris with his beloved wife and daughter.