cougarlife review

Carreau Concept / cougarlife review

How Who Owns JDate And Christian Mingle Lost At The Business Enterprise Of Love

Spark Networks, owner of JDate, Christian Mingle, along with other dating sites, is dealing with a tough activist campaign by the hedge fund Osmium Partners, that is seeking to unseat the board and force a purchase associated with the company that is troubled.

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

Osmium Partners is virtually specific to win the four board seats it is gunning for when Spark holds its yearly shareholder meeting week that is next sources acquainted with the specific situation stated, allowing the activist hedge fund to take solid control and force a purchase for the business. Originally planned for June 17, cougarlife mobile Spark has recently delayed the meeting that is annual June 28, a move these sources said is directed at purchasing Spark additional time to rally investors to vote down Osmium’s proposal or preempt a forced sale by securing a unique buyout offer.