Hedge Fund Intelligence-owner said to weigh £100 million sale - sources - Part 2
ICG is said to be the preferred bidder for Hedge Fund Intelligence-owner Pageant Media.
People following the situation said ICG, also known as Intermediate Capital Group, is now in "advanced talks" to buy Pageant Media for between £100 million and £150 million.
Bankers from DC Advisory are working with ICG on the acquisition said people familiar with the matter.
I expect a deal to be wrapped in the next few weeks, so keep an eye out for announcement.....
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