Comment on Match Group plans to raise up to $466.2M from its IPO

Match Group plans to raise up to $466.2M from its IPO

NEW YORK (AP) — The owner of Tinder, Match.com and OkCupid hopes to raise as much as $466.2 million in an initial public offering of company shares. Parent company IAC/InterActiveCorp, controlled by billionaire Barry Diller, will own all shares of outstanding class B stock. Last week, Jack Dorsey's Square, the six-year-old company known for its white, cube-shaped credit and debit card readers, offered just over 31 million shares at a maximum of $13 apiece for total value of up to $403.7 million.

 

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