Friday, October 12, 2018

LadBible moves closer to acquiring fellow viral publisher Unilad

Administrator for collapsed firm has been informing rival bidders they are out of running

LadBible has moved closer to taking control of rival Unilad after administrators handling the fire sale of the collapsed viral Facebook publisher informed bidders they were out of the running.

Unilad’s administrator, Leonard Curtis, has been informing about six formal bidders that an agreement has been reached to enter an exclusivity period with one party.

Related: Viral publisher Unilad blames arch-rival LadBible for collapse

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from Mergers and acquisitions | The Guardian https://ift.tt/2yA5Xex

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