Spark Networks, owner of JDate, Christian Mingle, as well as other dating internet sites, is dealing with a tough activist campaign by the hedge fund Osmium Partners, which can be trying to unseat the board and force a purchase of this company that is troubled.
Then Spark Networks, owner of JDate, Christian Mingle, and a handful of other niche dating sites, is about to get its heart broken if love is a battlefield.
Osmium Partners is virtually specific to win the four board seats it is gunning for when Spark holds its yearly shareholder conference in a few days, sources knowledgeable about the specific situation stated, allowing the activist hedge investment to assume control and force a purchase regarding the business. Continue lendo
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