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The two companies say that Meetic’s executive committee supports the decision.This would probably be one of the dating site’s largest acquisitions to date.

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IAC-owned has set its sights on Europe’s largest dating site, That’s a 11.6 percent increase in value from the closing price of Meetic shares on May 27, 2011 (€13.44) and values the company at nearly 0 million.

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