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POTENTIAL DEAL DETAILS
| Stock | The Meet Group, Inc. | Symbol | MEET |
| Date Announced | 12/16/2019 | Source | Reuters |
| Type | News Report |
| Date of Confirmation: | 03/05/2020 | Price at Confirmation: | $6.82 |
| Potential Profit: | 27.95% | Annualized Profit: | 127.54% |
German broadcaster ProSiebenSat.1 Media SE’s e-commerce arm NuCom Group is exploring the acquisition of U.S. live streaming app developer Meet Group Inc (MEET), people familiar with the matter said.
Update(s):
February 06, 2020: Tinder-owner Match Group (MTCH) has approached social networking app developer Meet Group (MEET) about a takeover, Bloomberg reported on Thursday.
March 04, 2020: German broadcaster ProSiebenSat.1 Media SE’s e-commerce arm NuCom Group is nearing a deal to acquire Meet Group Inc (MEET) that could value the U.S. dating app developer at more than $500 million, people familiar with the matter said on Wednesday.
March 05, 2020: The Meet Group, Inc. (MEET), a leading portfolio of mobile dating apps, today announced that it has entered into a definitive agreement to be acquired by ProSiebenSat.1`s and General Atlantic’s joint company NuCom Group in an all cash transaction for $6.30 per fully diluted share representing an enterprise value of approximately $500 million.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.