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Cupid says independent report finds no fake profiles. Dating firm Cupid rejects ‘fake profiles’ allegations. The Edinburgh-based firm said it was selling the business to Grendall Investment Limited in order to focus on its niche and mainstream sites. The deal includes casual dating sites such as Benaughty. Cupid will continue to operate a number of mainstream and niche dating sites, including Cupid.
The Edinburgh-based owner of the Uniform Dating website said it would Following the latest sale, which is subject to shareholder approval.
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PDF version. Are dates required on these food products? Does it mean the product will be unsafe to use after that date? Here is some background information answering these and other questions about product dating. What is Food Product Dating? Two types of product dating may be shown on a product label. The calendar date provides consumers with information on the estimated period of time for which the product will be of best quality and to help the store determine how long to display the product for sale.
Except for infant formula, product dating is not required by Federal regulations. For meat, poultry, and egg products under the jurisdiction of the Food Safety and Inspection Service FSIS , dates may be voluntarily applied provided they are labeled in a manner that is truthful and not misleading and in compliance with FSIS regulations 2. To comply, a calendar date must express both the month and day of the month.
In the case of shelf-stable and frozen products, the year must also be displayed. Additionally, immediately adjacent to the date must be a phrase explaining the meaning of that date such as “Best if Used By.
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The company originally began providing dating services to members of the emergency services back in but has grown significantly and become highly profitable since it began its successful TV advertising campaign during attracting a much wider audience. The sale process was highly competitive and offers were received from major dating site operators in the US, UK, Continental Europe and Australia.
Management subsequently selected Cupid plc, a high growth AIM listed online dating business which has become increasingly acquisitive in recent years, as the preferred bidder. ICON played a key role in achieving the best result for shareholders and we are delighted with the sale of the business to Cupid offering a highly compelling strategic fit”. The company has produced an extremely well known brand making it the market leader in its niche sector, and represents a perfect match with Cupid by offering significant future growth opportunities, both domestically and in new territories.
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The Edinburgh-based owner of the Uniform Dating website said it would become a cash shell following the deal, with a view to investing in other firms or returning capital to investors. However, shares in the Aim-quoted firm fell heavily after the announcement, ending down 6. This will be paid by the middle of December next year, rather than November as originally planned. Elliott is set to remain as chairman, while Dobbie — who was succeeded as chief executive by Phil Gripton a year ago — will retain his non-executive position on the board.
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Shares in dating website operator Cupid dropped 24 per cent on Monday on the announcement it plans to sell off its remaining dating sites as it looks to reclassify as an investment company. It also proposes to rename itself Castle Street Investments plc if plans to reclassify as an investment company are approved.
The Edinburgh-based company will seek shareholder approval for the sale at a general meeting on December Cupid said the move to sell off its remaining dating sites follows a strategic review of the business.
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Cupid dives after deal for online dating business
It ends all involvement in online matchmaking for the company as the shares plunged The firm behind Cupid. Grendall, registered in the British Virgin islands, owns a portfolio of online dating sites and is managed by Cupid co-founder Max Polyakov. You can find our Community Guidelines in full here. Want to discuss real-world problems, be involved in the most engaging discussions and hear from the journalists?
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