ENFA - Forbes Media is said in talks to go public through SPAC Magnum Opus

Forbes Media is said in talks to go public through SPAC Magnum Opus Acquisition (NYSE:OPA). Forbes may be valued at more than $650M in the Magnum Opus transaction, according to a Bloomberg report.  If the deal comes to fruition than a potential Forbes deal with Michael Moe's GSV Asset Management won't be happening, as reported earlier this year by Bloomberg and Reuters. In late April, Reuters reported that Forbes Media was reportedly weighing SPAC deal or M&A sale at about a $700M valuation. Late last month the New York Times reported that Vox Media is said to be consider several SPAC deal offers. Late June, BuzzFeed confirms deal to go public via SPAC at $1.5B valuation.

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Forbes Media is said in talks to go public through SPAC Magnum Opus