UPDATE: Morgan Stanley Resumes Match Group (MTCH) at Overweight, Sees 20% or More in Upside

Match Group Closes Acquisition of Hyperconnect

DALLAS and SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today it has completed the acquisition of Hyperconnect, a leading social discovery and video technology company. The $1.725 billion transaction was completed 50% in cash and 50% in Match Group stock.

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