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Posted by / 25-Oct-2016 03:52

The owners of Australia's biggest dating sites have agreed to a marriage of convenience.RSVP and Oasis have said “I do” after their parents, Fairfax Media and Ten Network, agreed that the two businesses were a suitable match.

The union could also help seed a more meaningful bond between the two media companies.Fairfax bought RSVP in 2005 for a reported million.The merger values the single entity at some million.Fairfax will hold a 58% stake, Ten 17% and Haigh and Heysen 14%.The remaining 11% is held by minority shareholders.

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See the announcement posted below: Ten Network Holdings Limited [ASX: TEN] have agreed to a merger of online dating businesses, RSVP (com.au) and Oasis Active ( bringing together two of Australia’s largest online dating services businesses.

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