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Match adds two directors in deal with activist investor Elliott Management - TL;DR CNBC

Match adds two directors in deal with activist investor Elliott Management

Publishing timestamp: 2024-03-25 09:57:37


Summary

Match Group adds new directors and signs agreement with activist investor Elliott Management after struggles with declining paying users and executive turnover. Elliott believes in company's potential for value creation as global leader in online dating.


Sentiment: MIXED

Tickers: ETSYZZGCCIMTCHUNDEFINED

Keywords: businessmatch group inczillow group incetsy incactivismbusiness newsspin-offsbreaking news: businessinstacart (maplebear inc)mergers and acquisitionsbreaking newscrown castle inctechnologybreaking news: technology

Source: https://www.cnbc.com/2024/03/25/match-adds-two-directors-in-deal-with-activist-investor.html


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