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According to Reuters, The Meet Group (MEET) approached by NuCom Group

  • December 16, 2019


StockThe Meet Group, Inc.SymbolMEET
Date Announced12/16/2019Source Reuters
TypeNews Report
Date of Confirmation: 03/05/2020Price 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.


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.

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