USA Interactive Buys uDate.com in Stock Deal

Posted on by Chief Marketer Staff

USA Interactive entered into an agreement to acquire uDate.com Inc., a global online personals group, for $150 million in common stock.

Based in Derby, England, uDate reported revenue of $29.2 million Sept. 30, 2002, representing growth of 135.6% over the same period in 2001.

USA Interactive owns Match.com.

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