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The business remains Australia’s largest online dating business.The transaction values the combined operations at million and will be completed via a combination of cash and RSVP shares.Following completion of the transaction, Fairfax Media will hold a 58% shareholding in the merged entities, Ten Network will hold 17% and Oasis’ founders will retain 14%, with the balance held by a small number of minority shareholders.
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POF also algorithmically matches their users by asking them to complete a personality test based on the Five Model Theory.