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Internet dating firm Cupid woos investors

INVESTORS have fallen in love with internet dating company Cupid, sending its shares up 8%, after it gained approval for a multimillion-pound cash return.

perfect MATCH: Cupid, headed by chief executive Bill Dobbie, has acquired dating websites in France, Germany and Latin America, as well as Uniform Dating in the UK.
perfect MATCH: Cupid, headed by chief executive Bill Dobbie, has acquired dating websites in France, Germany and Latin America, as well as Uniform Dating in the UK.

At a meeting in Edinburgh, shareholders in Cupid – which is behind brands such as Flirt.com and Benaughty.com – supported proposals to buy back up to 10% of the company's shares.

This could amount to £15 million at is current market value of £152 million.

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