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Does anyone know what that places their valuation at?
They wanted to establish a public value for the company. Hoping that it would reflect favorably in terms of their ability to raise capital or pay down debt. If it stabilizes at 7, is that terrible for them. Less than ideal sure, but I'm wondering what their "disaster price" is.
I'm also wondering at what price they might become an acquisition target for a match.com or the like.
I haven't been following their offer closely, I have no idea what portion of their company is reflected through their public offering.
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