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The transaction is expected to complete on 1 July 2014.
When you think about it it makes sense, What would women think about you if you where too cheap to fork out a few shillings to meet them, they simply wouldn't think much of you at all.
Following completion of the transaction, Fairfax Media will hold a 58% shareholding in the merged entities, Ten Network will hold 17% and Oasis’ founders will retain 14%, with the balance held by a small number of minority shareholders.
The combined business will be managed by the RSVP and Oasis executive teams, with each brand continuing to focus on its respective target market segment.
Founded in 1997, RSVP was the first online dating site in Australia.
It was acquired by Fairfax in 2005 and is now part of Fairfax’s Digital Ventures division.Hmmm Was that last post made by a sales rep from RSVP??