Match Group tells Bloomberg activist statements ‘inaccurate and misleading’

After activist investor Anson Funds Management described Match Group’s (MTCH) current board as “outdated, insular” and “inadequately qualified to oversee a modern technology company primarily serving young adults” in a public letter published ahead of the company’s annual meeting, a spokesperson for Match Group, without naming Anson Funds, told Bloomberg that the shareholder statement “contains inaccurate and misleading characterizations of the company and our engagement with the investor.” The board brings “deep expertise and diverse perspectives across technology, consumer and financial sectors” and has reviewed the nominated individuals per its governance policies, the spokesperson is quoted by Bloomberg as having said. The company remains “committed to thoughtful board refreshment and will continue to appoint directors whose experience and accomplishments align with the evolving needs of the business and our stockholders,” the spokesperson added.