SEEKING ALPHA – Tinder's co-founder and eight current and former execs sued Match and IAC for $2B in damages in 2018 alleging the valuation of the company was manipulated during a 2017 bank analysis that set the value for stock options. Match Group has agreed to pay plaintiffs $441M cash and will dismiss all claims presently on trial and in arbitration related to the 2017 Tinder valuation. Match rose 1.4% in premarket trading.
by Joshua Fineman
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