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    Avid Life did not respond to repeated requests for comment.Members of the company's board also could not be reached for comment. DILLER HOPES DASHEDThe attack has likely sharply lowered the price Avid Life could muster in any sale of assets, assuming it could find a buyer willing to take on a company facing several multi-million dollars lawsuits and the challenge of rebuilding a computer network that has been so badly infiltrated.A £2.8 million loss was posted for the six months to end of June alongside a fall in revenues.It said: “Through the course of the first half of 2014 it became clear that the pace of change in the industry was increasing; innovation with mobile and intuitive apps is accelerating as they gather momentum and scale.”The board initiated a review of strategic options available to the company to “maximise value for shareholders and arrest the cash burn” after recognising it would not break up when expected.Avid Life Media announced on Friday that CEO Noel Biderman, who founded the website in 2001, had left the company with immediate effect, the latest sign of the wrenching impact on the company of the attack that led to the disclosure of sensitive data about millions of clients.

    Since its founding in 2013, Paktor Group has expanded beyond Singapore to the rest of Southeast Asia and North Asia, becoming the largest social dating group in the region.The firm behind and lost out to the growth of fast smartphone dating apps such as Tinder, as time-poor singles prefer on-the-move dating rather than wading through dozens of online profiles.Last year Cupid revealed a £7.4 million underlying pre-tax loss and said the losses were continuing unabated.It added: “All options available to the company were considered, including further cost reductions and the disposal of certain subsidiaries or assets to aid streamlining…the best course for shareholders is to seek a buyer for the traditional dating assets.”The listed firm will still exist as a shell company called Castle Street Investments, named after the Edinburgh street where the company is based, and will have around £18 million to use.

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