Vivid Seats Explores Potential Sale

Investing.com -- Online ticket marketplace Vivid Seats Inc. is exploring the possibility of a sale after receiving purchase offers. The company, which went public in 2021 through a special purpose acquisition company, competes with StubHub and SeatGeek.
According to sources familiar with the matter, Vivid Seats is currently working with an advisor to gauge potential buyers' interest. These sources, who wish to remain anonymous due to the confidential nature of the information, stated that the company has drawn interest from private equity firms.
The Chicago-based company's discussions are still ongoing. There is currently no certainty that these talks will result in a transaction. The company's decision-making process is still underway, and the outcome remains uncertain.