RedBird Capital is in advanced negotiations to acquire a significant stake in digital media company Puck in a transaction that would value the business at around $250m, according to a report by the Financial Times.
Puck has reportedly confirmed the discussions, describing the proposed deal as a strategic recapitalisation designed to provide fresh capital for its next phase of growth. The size of RedBird’s potential ownership has not been disclosed.
The investment would give Puck additional resou...
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