OkCupid's Yagan on Great Hill's offer for Spark
Uploaded on Mar 10, 2010 / 392 views / 4252 impressions / 1 comment
Description
OkCupid CEO Sam Yagan said he was surprised private equity firm
Great Hill Partners made an offer to acquire the remaining 56%
stake of Spark Networks Inc.(AMEX:LOV) it does not own. Spark is
the parent of online dating sites JDate, BlackSingles.com, and
ChristianMingle.com. The proposal, valued at $3.10 per share, is
not receiving much love from some shareholders. Yagan gives his
thoughts on the offer in the video below. You can also download
this video at iTunes. - Maria Woehr