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opwmark
Active-iDate-User
Joined: 07 Jun 2006
Posts: 193
Location: New York
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 Posted: Sun Mar 07, 2010 3:34 pm Post subject: PE Firm Offers To Take Spark Networks Private |
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PAID CONTENT - Mar 3 - PE firm Grant Great Hill Partners, which might be best known for buying (and then selling) IGN, wants to take online dating company Spark Networks private. Great Hill, which bought a minority stake in Spark Networks in late 2005 and now owns about a quarter of the company’s stock, is offering to buy the shares it does not own in a deal that would value the company at ~$64M. Spark Networks says it has formed a special committee of its independent directors to review the proposal and “any other potential business combination.”
MORE NEWS @ ONLINE PERSONALS WATCH[/url]
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