Vivid Seats explores sale following takeover curiosity

Investing.com — On-line ticketing market, Vivid Seats Inc., is reportedly exploring a sale after receiving curiosity for a takeover. The corporate, which went public in 2021 via a blank-check automobile, is a competitor of StubHub and SeatGeek.

Based on sources acquainted with the matter, Vivid Seats is at the moment working with an adviser to evaluate curiosity from potential consumers. These sources, who requested anonymity as a result of confidential nature of the knowledge, revealed that the corporate has garnered curiosity from non-public fairness companies.

The Chicago-based firm’s deliberations are nonetheless in progress. As of but, there isn’t any 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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