IAC Putting A Ring On Dating Site HowAboutWe

TechCrunch

Looks like IAC is adding Brooklyn-based HowAboutWe as another notch in its dating site acquisition belt. It already owns Match.com, OkCupid and a majority stake in Tinder.

According to a letter obtained by Business Insider, founder Brian Schechter addressed employees about the acquisition, confirming that many HowAboutWe employees would be losing their jobs:

Indeed, we are still finalizing a deal and zero final decisions have been made. That a deal is even a possibility should remain completely confidential. I know this is a bumpy – and let’s face it – a weird moment but we should proceed in a manner that is really smart, graceful, and empowering for everyone.

A weird moment, indeed. HowAboutWe snatched up Nerve.com earlier this year to take on competition from IAC. However, some key employees had already started to leave earlier this month.

According to a staffer, Schechter and co-founder Aaron Schildkrout pulled aside a number…

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