Match Group Plans To Sell $400M Of Notes In Private Offering

INSIDERMONKEY – May 25 – Match Group has agreed to sell $400M in aggregate principal amount of 6.375% senior notes due 2024 in a private offering to qualified investors. The offering should close by the first of next month. Match plans to use the money raised to repay certain existing indebtedness.

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Redu, A Dating App For Missed Chances

THECREOLE – May 27 – Redu is a new app for revamping missed chances. To use Redu, users create a profile and include circumstantial information, e.g. „Searching for brunette girl with blue raincoat studying in campus Starbucks last Monday.“ Then they enter the time frame and location where the missed connection took place. Users who entered in similar data will then appear, and, if two people recognize each other’s photos, friend requests will be confirmed and in­ app messaging can enable.

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Agile Wings Acquires Love Systems

DATING FACTORY – May 25 – Agile Wings (Parent company of Dating Factory), an international business incubator for the marketing and dating technology sectors, has acquired Love Systems. Founded in 2006, Love Systems is a US based company that offers a range of dating and lifestyle products and services, using eBooks, video courses and live training, tailored to single professional men 25+.

See full article at Dating Factory website

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Mark Brooks To Present At iDate In L.A.

WEBWIRE – May 25 – Mark Brooks, CEO of Courtland Brooks and publisher of Online Personals Watch, will provide a presentation entitled the „State of the Mobile Dating Business“ at the next iDate Mobile Dating Conference. The event takes place on June 8-10, 2016 at the Sportsmen’s Lodge Events Center in Los Angeles, CA.

See full article at Webwire

Summarized by the Courtland Brooks team

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