Investing.com — Online ticket marketplace Vivid Seats Inc. is reportedly exploring a sale after receiving takeover interest, according to Bloomberg. The company, which went public in 2021 via a blank check vehicle, competes with StubHub and SeatGeek.
Vivid Seats is currently working with a consultant to gauge interest from potential buyers, according to sources familiar with the matter. These sources, who requested anonymity because of the confidential nature of the information, revealed that the company has attracted interest from private equity firms.
The Chicago-based company’s thinking is still ongoing. It is still not certain that these talks will result in a transaction. The decision-making process in the company is ongoing, and the outcome remains uncertain.
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