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Activist Starboard took a stake in Match. Here are steps the investor may take to help lift shares

·1 min

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Title: Activist Investor Pushes for Changes at Online Dating Giant

An activist investor, known for its involvement in public campaigns, has sent a letter to Match Group outlining several suggestions to enhance the company’s operations, financial performance, and capital allocation. The recommendations include optimizing popular dating app Tinder through product innovation, reducing costs, and implementing a robust capital return program. The investor also raised the possibility of taking Match private. Match Group, the global leader in online dating platforms, has experienced significant revenue growth but has seen its stock price decline since its separation from IAC. The activist investor is calling for improved revenue growth, increased margins, and share buybacks to enhance shareholder value.