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Activist investor Elliott takes big stake in Match Group, seeks changes: report
MTCHMatch Group(MTCH) Market Watch·2024-01-09 02:57

Elliott Investment Management has taken a significant stake in online dating company Match Group Inc., and plans to push for changes to boost its stock, the Wall Street Journal reported Monday night. According to the report, which cited sources familiar with the matter, the activist investor has built a roughly $1 billion stake in Match. The Journal said Elliott wants Match to take steps to improve performance, though no specific details were reported. According to FactSet data, Elliott had no significan ...