During Tuesday’s Morning trade, Shares of Match Group, Inc. (NASDAQ:MTCH), gained 0.56% to $14.45.
IAC/InterActiveCorp (“IAC”) and Match Group, Inc. (“Match Group”) declared that the underwriters in Match Group’s initial public offering have exercised in full the option to purchase 5,000,000 shares of Match Group’s common stock at the initial public offering price of $12.00 per share less underwriting discounts.
With the exercise of this option, the total offering will comprise of 38,333,333 shares of Match Group’s common stock and gross proceeds to Match Group of $460.0 million. The shares began trading November 19, 2015 on the NASDAQ Global Select Market under the ticker symbol “MTCH.” The offering is predictable to close on November 24, 2015.
J.P. Morgan Securities LLC, Allen & Company LLC and BofA Merrill Lynch are acting as the lead book running managers, and Deutsche Bank Securities, BMO Capital Markets, Barclays and BNP PARIBAS are acting as book runners for the offering.
Match Group, Inc. provides dating products. It operates a portfolio of about 45 brands, counting Match, OkCupid, Tinder, PlentyOfFish, Meetic, Twoo, Our Time, and FriendScout24.
Shares of Kroger Co (NYSE:KR), declined -0.35% to $37.12, during its current trading session.
The Kroger Co., will host a conference call with investors on Thursday, December 3, 2015 at 10:00 a.m. (ET) to discuss financial results for the third quarter 2015.
Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,623 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names counting Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s. The company also operates 781 convenience stores, 327 fine jewelry stores, 1,350 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’s Million Dollar Club.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
Finally, Shares of Mosaic Co (NYSE:MOS), lost -0.39%, and is now trading at $30.84.
The Mosaic Company, has declared it will take part in the forthcoming Citi’s 2015 Basic Materials Conference to be held in New York City. Joc O’Rourke, Mosaic’s President and Chief Executive Officer, will present at the conference on Wednesday, December 2, 2015, at 9:30 a.m. Eastern Standard Time.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash.