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Spark Networks SE closes its $258M acquisition of dating brand Zoosk

Sarah Perez
Updated
Spark Networks SE closes its $258M acquisition of dating brand Zoosk

Berlin-based Spark Networks, the owner of niche dating app brands like Christian Mingle, Jdate, LDSsingles, Silver Singles, JSwipe and others, today announced it has acquired Match.com competitor Zoosk for a combination of cash and stock. Jeronimo Folgueira (right), CEO of Spark Networks, confirms the acquisition with Steven McArthur (left), outgoing CEO of Zoosk, Inc. Following the closing of the merger, Spark has 2,601,037 ordinary shares issued and outstanding underlying 26,010,365 ADS, with former Zoosk shareholders collectively owning 49.9% of the combined company.

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