From Wall Street Journal:

Elliott Investment Management has acquired a large stake in Match Group, a prominent online dating company that owns Tinder, Hinge, and other dating platforms. The investment firm plans to urge Match Group to take action to improve its struggling stock, after building a position worth around $1 billion in the company. This move is indicative of the potential for changes within Match Group, as the activist investor seeks to drive growth and boost the company’s performance.



Read more: Tinder Owner Match Draws Elliott Investment