Two digital media publishers are in talks to merge and explore going public via SPAC in a consolidation move in a fragmented market.
SPAC boom could finally provide an exit ramp for digital publishers like Buzzfeed and Vice Media
Bustle Digital Group, Vice Media, Vox Media, Group Nine and Buzzfeed have had recent talks about going public via a SPAC or consolidating and then going public, according to people familiar with the matter.
Group Nine Media Forms SPAC to Acquire Competitors
Group Nine Media has formed a special purpose acquisition company (SPAC), according to an SEC filing on Monday.