Consideration$80M
TypeAcquisition
AcquirerCondé Nast Publications
AnnouncedMay 8, 1998
Solid
A solid exit with healthy economics.
Deal size vs peers
Below the typical Acquisition.
Liquidity type
Strategic acquisition — a clean liquidity event.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.
vs. Acquisition deals (999)
Deal size distribution27th pct
smaller Acquisition dealslarger
