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BuzzFeed in Advanced Talks to Sell Complex, Backtracking on Digital Media Bet

The New York Times: Mergers, Acquisitions and Dive

BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago.

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Vice files for bankruptcy protection amid cut-price sale to consortium

The Guardian: Mergers & Acquisitions

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225m Vice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price sale to a group of lenders.

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Our List of 10 Private Equity Firms Investing in Software to Watch

Software Equity Group

Main Capital has made 215 total investments since its founding, with current assets under management (AUM) of $2.37B and an active portfolio of 47 firms, with a median valuation of $10.25M. Thoma Bravo maintains an active portfolio of 76 firms, with $134B in AUM and a $435M median valuation. The firm currently employs 31 professionals.

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Where to find fintech investment

Growth Business

Despite investment in the first half of 2023 dropping to £4.6bn from 2022’s £10.8bn as a result of rising interest rates, high inflation, a decrease in valuations and geopolitical tensions globally, UK fintechs are still attracting more VC investment than all other EMEA fintechs combined, with a significant percentage coming from US investors.

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Corwin Cleansing Denied In Action For Post-Closing Injunctive Relief Under Unocal

Cleary M&A and Corporate Governance Watch

Background Limelight provides network service for delivery of digital media content and software. This would not have restricted College Parent from sales on the open market after the lockup expired, through which any activist could have acquired shares, directly or indirectly.