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2.80827880591331E-05 -0.00109522873430878 0.000308910668651262 0.000589738549243191 -0.00320143783874855 -0.00278019601786056 -0.0140133112415401 -0.00923923727147633
Stock impact report

Match appoints two board directors after talks with activist investor Elliott Management [TechCrunch]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: TechCrunch
Chief marketing officer at Instacart, Laura Jones, and Zillow co-founder Spencer Rascoff, will be joining the board, effective immediately. Match said in a press release that the appointments followed a “a constructive dialogue” with the activist investor, as the two companies have entered in an “information-sharing” agreement. Today's announcement comes a few months after the Wall Street Journal reported that Elliott has built a roughly $1 billion stake in the company. The report indicated that Elliott was interested in discussing ways for Match to turn its performance around, as the company faces a decline in paying users amid economic uncertainty. “We are one of the largest investors of Match Group today because we believe in its opportunity for significant value creation as the global leader in online dating,” Marc Steinberg, Partner at Elliott, said in a press release. “We appreciate the collaboration with management and the Board over the past several months, and we are co Show less Read more
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