Group Nine Media to buy digital lifestyle publisher PopSugar

Group Nine Media said Monday it was buying the women-focused digital lifestyle publisher PopSugar in an all-stock deal. Terms were not disclosed, but The Wall Street Journal said the deal gives PopSugar, founded by the husband-and-wife team of Lisa and Brian Sugar, a valuation of over $300 million. Group Nine CEO Ben Lerer had landed...

from New York Post https://ift.tt/2ANmflJ