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Match, Owner of Dating Sites, Seeks $403.7 Million in U.S. IPO

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Match Group Inc., the owner of online-dating sites Tinder, Match and OkCupid, plans to raise about $403.7 million in an initial public offering. The company, a unit of Barry Diller’s IAC/InterActiveCorp., plans to sell 33.3 million shares at $12 to $14 each, the company said in a regulatory filing Monday. The company said the net proceeds would be about $403.7 million based on the midpoint of that price range. Match Group reported profit of $126.6 million in 2013 on revenue of $803.1 million and a $148.4 million profit on $888.3 million in sales in 2014, according to IPO documents filed last month. Before it's here, it's on the Bloomberg Terminal....

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