After practically begging to be bought by Match or Yahoo, Spark Networks board of directors has approved the company’s Share Repurchase plan authorizing the potential repurchase of up to an aggregate of approximately 2,000,000 shares.
Those following the Spark story will remember that Great Hills Partners bought a minority stake in Spark in December of 2005. They purchased 6,000,000 shares, representing a 19.8 percent stake in the company.
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