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Private Equity

Univision Paid $200m For Gmg And The Onion, Sold For Less Than $50M

by posted 4months ago 11 views
Private-equity firm Great Hill Partners has agreed to buy Gizmodo Media Group, parent of The Root and The Onion, from Spanish-language giant Univision Communications Inc., WSJ reported. Univision acquired a group of English-language digital media publications from Gawker Media starting in August 2016 for about $200 million and renamed them Gizmodo Media Group. It was […] The post Univision Paid $200M For Gizmodo Media Group And The Onion. Here’s Why It Sold It For Less Than $50M appeared first on Moguldom.

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