Digital media company BDG Media, which publishes titles including Bustle and Input, is buying Some Spider Studios for around $150m, the Wall Street Journal reports. BDG is one of a number of digital media firms expected to go public this year by merging with a special-purpose acquisition company (scroll down for details on similar deals involving Buzzfeed and Vice). Some Spider Studios operates parenting websites Scary Mommy, Fatherly and the Dad.
Source: The Wall Street Journal
Deal size: $150m
Country: US
Status: Announced
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