IAC/InterActiveCorp says no plan to bid for Cupid

New Gadgets | Tuesday December 4 2012 4:54 pm | Comments (0) Tags: , , , , , , , , , , , , , , , , , , ,

LONDON (Reuters) – IAC/InterActiveCorp , a U.S.-based holding company for search, dating and media websites, said on Tuesday it had no plans to bid for UK-listed online dating firm Cupid . The response follows market rumors in recent weeks that it could be preparing to make a bid of around 250 million pounds ($402.4 million). “IAC/InterActiveCorp is not considering a bid for Cupid,” a spokeswoman for the U.S. firm told Reuters. ($1 = 0.6213 British pounds) (Reporting by Simon Jessop and Atul Prakash, editing by Nigel Stephenson)

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IAC/InterActiveCorp says no plan to bid for Cupid

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