Tuesday, July 19, 2016
Why IAC Keeps a Foot in the Door of Match Group MTCH = BIG DEBT
Match Group MTCH Some significant concerns the company is going to have to address
Expecting a BAD Q2 2016 for Match Group?
The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.
The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago). The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
Now Match Group is selling USD400M in debt to refinance
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
Law article suggests USA FTC goes for Match Group ?