A jury may decide how much the dating app Tinder LLC was worth when it merged with rival Match Group Inc., which sparked a legal fight with media mogul Barry Diller over $2 billion in stock options.
The dispute, set for a trial that starts Monday in New York, began with a 2018 state court lawsuit filed by Tinder co-founders Sean Rad and Justin Mateen. They accused Match and its controlling investor, Diller’s IAC/InterActiveCorp., of cheating them by undervaluing the company at $3 billion when it was actually worth $13 billion.
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November 08, 2021 at 09:50PM
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Tinder's $2 Billion Claim of Low-Ball Match Buyout Goes to Court - Bloomberg
"ball" - Google News
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