Is Meta Platforms About to Acquire MTCH?
$Match group (MTCH.US)$ the company behind dating apps like Tinder, Hinge and OkCupid, may just be $Meta Platforms (FB.US)$ newest target. Indeed, recent reports suggest that Match may be in Meta's view as the company's latest potential acquisition.
Current reports guess that Meta or $Twitter (Delisted) (TWTR.US)$ could each be pursuing Match. However, given today's news that Twitter is accepting Elon Musk's offer to acquire the company and take it private, at the moment it's unclear if the rumors over Match will prove to be anything more. Investors and activists may well be waiting for its fiscal first-quarter earnings call next week to take any definitive steps.
Given Meta's interest in a new virtual reality, acquiring one of the biggest online dating apps in the world could be a reasonable move. However, it remains to be seen if the circulating rumors will pick up any real traction.
$Tesla (TSLA.US)$
Current reports guess that Meta or $Twitter (Delisted) (TWTR.US)$ could each be pursuing Match. However, given today's news that Twitter is accepting Elon Musk's offer to acquire the company and take it private, at the moment it's unclear if the rumors over Match will prove to be anything more. Investors and activists may well be waiting for its fiscal first-quarter earnings call next week to take any definitive steps.
Given Meta's interest in a new virtual reality, acquiring one of the biggest online dating apps in the world could be a reasonable move. However, it remains to be seen if the circulating rumors will pick up any real traction.
$Tesla (TSLA.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment