Bullish
$MTCH Isn't now a perfect timing for $MTCH to be acquired by $FB or privatized by a major PE? The stock price will almost surely be in the range of $85-$110 within a quarter, if not a month, valuing $MTCH well over $20B and there is close-to-zero chance for $FB to pull it off in the dating sector (victim to its own success on ad business) and it has every incentive to explore those business models that do not leverage on user data as their main products to sell (aka the ad model). Plus $MTCH's margin is high enough to go hand in hand with the core high-margin ad business of $FB, therefore causing no pressure on the latter's margin. Blackstone's move today to swallow Bumble/MagicLab (valuing it at $3B) shows there is also super STRONG appetite for the dating sector right now (their cash flow is just as superb as the digital gaming industry). IAC's intended spin-off of $MTCH may be consummated, rather unexpectedly, in the form of a sale of $MTCH and it may happen pretty soon.
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