Investing.com — On-line ticketing market, Vivid Seats Inc., is reportedly exploring a sale after receiving curiosity for a takeover, in keeping with Bloomberg. The corporate, which went public in 2021 by means of a blank-check automobile, is a competitor of StubHub and SeatGeek.
In keeping with sources conversant in the matter, Vivid Seats is at the moment working with an adviser to evaluate curiosity from potential patrons. These sources, who requested anonymity as a result of confidential nature of the knowledge, revealed that the corporate has garnered curiosity from personal fairness companies.
The Chicago-based firm’s deliberations are nonetheless in progress. As of but, there isn’t a certainty that these discussions will end in a transaction. The corporate’s decision-making course of is ongoing, and the end result stays unsure.
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