The way Match Group Inc. Chairman and Chief Executive Officer Greg Blatt tells it, he hadn’t seen Tinder founder Sean Rad in years and, even though they were now on opposite sides of a multibillion-dollar trial, he wanted to say hello.
What happened next, during a break in Blatt’s testimony Monday, injected fresh drama into the question of whether Match and its controlling shareholder, IAC/Interactive Corp., cheated Rad and other Tinder executives out of billions of dollars by low-balling the dating app’s 2017 valuation by $10 billion.
Match-Tinder Lawsuit Creates More Drama Between Company Chairmen (MTCH) - Bloomberg
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