IAC/InterActiveCorp (IAC)
After hours:
| Previous close | 129.11 |
| Open | 132.31 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1100 |
| Day's range | 132.26 - 137.24 |
| 52-week range | 92.30 - 179.12 |
| Volume | |
| Avg. volume | 571,119 |
| Market cap | 12.092B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 12.06 |
| EPS (TTM) | 11.19 |
| Earnings date | 01 Feb 2022 - 07 Feb 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 181.57 |
- Bloomberg
Match Will Pay $441 Million to Settle Suit Over Tinder Valuation
(Bloomberg) -- Match Group Inc. said it will pay $441 million to resolve a hard-fought legal battle with Tinder’s founders over the valuation of the mobile dating app, ending a nearly monthlong trial just before it went to the jury.Most Read from BloombergReliving the New York Subway Map DebateChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Ghost Signs’ Haunt London’s Reviving Neighborhoods‘Pension Poachers’ Are Targeting America’s Elderly VeteransMatch announced the settlemen
- Reuters
Match Group to pay Tinder founders $441 million to settle lawsuit
The lawsuit filed in 2018 had stated that IAC/InterActiveCorp and subsidiary Match deliberately prevented Tinder founders Sean Rad, Justin Mateen and Jonathan Badeen from cashing in stock options they could exercise and sell to IAC. The plaintiffs were given stock options in Tinder as part of their compensation in 2014, but because Tinder is a private company they were not able to exercise their options and then sell stock on the open market.
- Bloomberg
Tinder Founder Says 2014 Deal Was Driven by Distrust of IAC, Match
(Bloomberg) -- Tinder founder Sean Rad said he knew IAC/Interactive Corp. and Match Group Inc. might try to cheat the dating app’s employees soon after its 2012 launch. Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisDo Prisons Deserve a Second Chance?Greece’s Popular Islands Are Crowded — With PlasticTaking the stand in his suit against IAC and Match, Rad said he negotiated new options in 2014 granting him and
