Match Group, a leading online dating company being spun off from IAC, raised $400 million by offering 33.3 million shares at $12, the low end of the range of $12 to $14.
Match Group plans to list on the Nasdaq under the symbol MTCH. J.P. Morgan, Allen & Company, BofA Merrill Lynch, Deutsche Bank, BMO Capital Markets, Barclays and BNP Paribas acted as lead managers on the deal.
