Spark Networks eyes record best day on strategic review

Spark Networks SE

01/06/2022 15:28

** U.S. shares of Germany-based dating websites owner Spark
Networks SE  LOV.O  jump 24.6% to $2.63; among top three pct
gainers across U.S. exchanges
    ** Set for best day on record, if gains hold
    ** Co says it has begun exploring strategic alternatives and
is considering options such as a sale, merger or continuing to
operate as an independent public company  urn:newsml:reuters.com:*:nPn8cFLrla
    ** "Following approaches by a number of parties interested
in a potential transaction, we believe now is an opportune time
to explore a range of potential strategic alternatives," says
CEO Eric Eichmann
    ** Up to last close, stock has fallen by nearly a third this
year

 (Reporting by Ruhi Soni in Bengaluru;)
 ((Ruhi.Soni@thomsonreuters.com
Twitter: https://twitter.com/ruhithere))