William Blair Downgrades Spark Networks (LOV) to Market Perform
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Osmium Partners Sends Letter to Spark Networks (LOV) Holders
March 10, 2014 8:50 AM EDTThe following is an open letter from Osmium Partners to the shareholders of Spark Networks (AMEX: LOV).
Dear Fellow Shareholders,
Osmium Partners1 beneficially owns 14.1% of Spark Networks, Inc. (the Company) common stock, having purchased our first shares six years ago in 2008, and is the Companys largest shareholder. For years we have acted as strong shareholder advocates, most notably challenging the $3.10 going private transaction proposed by Great Hill Partners in 2010.2 This letter highlights the prolonged underperformance at Spark Networks and the critical need for significant change in the Companys Board of... More
Canaccord Genuity Downgrades Spark Networks (LOV) to Hold
March 6, 2014 7:25 AM ESTCanaccord Genuity downgraded Spark Networks (NYSE: LOV) from Buy to Hold with a price target of $6.00 (from $10.00).
For an analyst ratings summary and ratings history on Spark Networks click here. For more... More