Group Black In Talks To Buy Majority Stake In Sports Illustrated Publisher Arena Group
Portfolio Pulse from Bill Haddad
Private equity firm Group Black is reportedly in talks to acquire a majority stake in sports media company Arena Group, the publisher of Sports Illustrated.
June 26, 2023 | 8:55 pm
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POSITIVE IMPACT
Arena Group may see a positive impact as private equity firm Group Black is in talks to acquire a majority stake in the company.
The acquisition of a majority stake by Group Black could provide Arena Group with additional resources and support, potentially leading to growth and increased value for shareholders.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100