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: ETSY, Z, ZG, CCI, MTCH, UNDEFINED,
Keywords: business, match group inc, zillow group inc, etsy inc, activism, business news, spin-offs, breaking news: business, instacart (maplebear inc), mergers and acquisitions, breaking news, crown castle inc, technology, breaking news: technology,
Source: https://www.cnbc.com/2024/03/25/match-adds-two-directors-in-deal-with-activist-investor.html