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Investor discloses 7.39% stake in Meet Group

Mar 20, 2020 - SNL Financial
Mergers and Acquisitions

Magnetar Financial and related entities disclosed beneficial ownership of 5,250,673 shares of The Meet Group's common stock, representing a 7.39% stake in the company.

Magnetar Financial LLC and related entities disclosed beneficial ownership of 5,250,673 shares of Meet Group's common stock, representing a 7.39% stake in the company.

The investor group purchased the shares for about $31.7 million, according to a March 19 Schedule 13D filing.

The reporting entities acquired 5,21...