Spark Networks To Reorg In U.S., Move To ASE

Beverly Hills-based Spark Networks plc, the online operator of dating and personals web sites, said today that it has been given approval by the High Court of Justice in England and Wales to reorganize its operations. Spark is forming a Delaware Corporation, Spark Networks, Inc.; the result is that Spark Networks plc will become a subsidiary. The reorganization will result in the firm's stock moving from the Frankfurt Stock Exchange to a listing on the American Stock Exchange. The firm said the move will be effective July 9th.