How The Owner Of JDate And Christian Mingle Lost At Business Of Love

How The Owner Of JDate And Christian Mingle Lost At Business Of Love

Spark Networks, owner of JDate, Christian Mingle, along with other dating internet sites, is dealing with a intense activist campaign because of the hedge investment Osmium Partners, which can be seeking to unseat the board and force a purchase associated with company that is troubled.

If love is really a battlefield, then Spark Networks, owner of JDate, Christian Mingle, and a small number of other niche internet dating sites, is approximately to obtain its heart broken.

Osmium Partners is practically specific to win the four board seats it is gunning for when Spark holds its yearly shareholder conference in a few days, sources knowledgeable about the problem stated, allowing the activist hedge fund to seize control and force a purchase regarding the business. Continue reading “How The Owner Of JDate And Christian Mingle Lost At Business Of Love”