THISISMONEY – Nov21 – Investors fell out of love with Cupid months ago. Shares have generally been cold- shouldered since founders Bill Dobbie and Max Polyakor in March each trousered £10.8M selling a total of 12M shares, or 14.8% of the equity, at 180p a pop. Buyers, however, yesterday took a sudden shine to Cupid, amid revived industry gossip that IAC could be ready to pounce.
by Geoff Foster
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Cupid owns BeNaughty.com, an adult dating site. IAC does not do ‘adult.’ Perhaps its time it did. For Match to keep on growing its looked towards niche dating and free dating sites. Adult and casual dating could be the next step.
Cupid owns BeNaughty.com, an adult dating site. IAC does not do ‘adult.’ Perhaps its time it did. For Match to keep on growing its looked towards niche dating and free dating sites. Adult and casual dating could be the next step.