NuCom will pay $6.30 a share in the agreed deal, putting an enterprise value on Meet Group at $500 million, both companies said. Reuters first reported the deal late on Wednesday, lifting Meet Group's shares by 23% to close at $6.82.

(Reporting by Douglas Busvine; Editing by Michelle Martin)

Stocks treated in this article : ProSiebenSat.1 Media SE, The Meet Group, Inc.