UPDATE: Match Group Announces Pricing of ~33.33M Share IPO @$12.00/Share

IAC/InterActiveCorp and Match Group, Inc. ("Match Group"), a wholly-owned subsidiary of IAC, announced today the pricing of Match Group's initial public offering ("IPO") of 33,333,333 shares of its common stock at a price to the public of $12.00 per share. In addition, Match Group has granted underwriters a 30-day option to purchase an additional 5,000,000 shares at the initial public offering price, less underwriting discounts and commissions.  The shares are expected to begin trading on November 19, 2015 on the NASDAQ Global Select Stock Market under the ticker symbol "MTCH." The offering is expected to close on or about November 24, 2015, subject to customary closing conditions. J.P. Morgan Securities LLC, Allen & Company LLC and BofA Merrill Lynch are acting as the lead bookrunning managers, and Deutsche Bank Securities, BMO Capital Markets, Barclays and BNP PARIBAS are acting as bookrunners for the offering. This offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204, from Allen & Company LLC, Attention: