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Tinder Blocked from Sale in Legal Battle | Miami News
Description
A federal judge has slapped a temporary halt on Match Group’s plan to sell Tinder, citing a major lawsuit from the app’s founders who allege they were cheated out of billions through a rigged valuation process. The founders claim Match Group undervalued Tinder in 2014 and later exploited that low price to buy out their shares — a scheme they say was deliberate. With the sale blocked, Tinder is now stuck in legal limbo as courts weigh the evidence, setting the stage for a high-stakes battle over who truly owns the dating giant’s fortune.
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