MeetMe acquires mobile flirting app Skout for $55 million in cash and stock

MeetMe announced today that it has acquired the mobile flirting app startup Skout for $28.5 million cash and approximately 5.37 million shares in the social discovery company — estimated at $54.6 million. Under terms of the deal,┬áit’s expected that Skout will remain operational and continue as a standalone brand following the close of the acquisition, … Continue reading MeetMe acquires mobile flirting app Skout for $55 million in cash and stock