XO Group and WeddingWire both say ‘I do’ to a merger

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Investors of Chevy Chase wedding planning company WeddingWire Inc. are acquiring XO Group Inc., which operates The Knot, in a $933 million deal to take the New York company private. The combined company — which will be led by XO Group CEO Mike Steib and WeddingWire CEO Timothy Chi as co-CEOs — will maintain both brands as separate consumer products so that engaged couples can use both offerings.

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