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10 stories found

RedBird Capital Advances Talks to Acquire Stake in Puck Media
BusinessReutersbloomberginvesting-com11h ago3 sources

RedBird Capital Advances Talks to Acquire Stake in Puck Media

RedBird Capital Partners is in advanced negotiations to secure controlling interest in sports journalism outlet Puck Media at a valuation of approximately $250 million. The potential investment highlights growing private equity interest in specialized digital media platforms covering professional athletics.

Germany’s Axel Springer Agrees $766 Million Deal to Acquire Telegraph Media Group
BusinessReutersBBCNYT+23wsjle-mondeThe GuardiannzztagesschaufazberlingskeDW+15 more5mo ago26 sources

Germany’s Axel Springer Agrees $766 Million Deal to Acquire Telegraph Media Group

Germany’s Axel Springer has reached an agreement with RedBird IMI to acquire Telegraph Media Group for £575 million ($766.6 million). The German-based media company said the acquisition would preserve the Telegraph’s legacy while providing a platform for growth and international expansion. The companies said they look forward to discussing the transaction with the Department for […]