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Match Group Launches Roadshow for Initial Public Offering

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NEW YORK, Nov. 9, 2015 /PRNewswire/ -- IAC/InterActiveCorp ("IAC") today announced that Match Group, Inc. ("Match Group"), a wholly-owned subsidiary of IAC, has launched a roadshow for its initial public offering ("IPO"). Match Group currently intends to use all of the net proceeds of the offering to repay related-party indebtedness owed to IAC. Match Group is offering 33.3 million shares of its common stock in the IPO. The underwriters will have a 30-day option to buy an additional 5 million shares at the IPO price, less underwriting discounts and commissions. The IPO price is currently expected to be between $12.00 and $14.00 per share. Match Group has applied to have its shares of...

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