Update on the Audioboom-Triton Deal

Back in February, the Financial Times reported on a $185 million deal between Audioboom, the UK podcast company, and Triton Digital, the US digital audio technology and advertising company. It’s a “reverse takeover,” a move typically deployed by a private company (in this case, Triton Digital, which is owned by the private equity group Vector Capital) to acquire a public company (Audioboom is listed on London’s alternative investment market) without having to go through the costly rigmarole of actually going public….

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