Bloomberg is reporting that CCP's owners are "exploring strategic options" to remain solvent including possible sale of the business to potential bidders. This is "according to people with knowledge of the matter" says the report.
Current owners are in discussions on whether a sale would be beneficial at this point and that the price tag could run somewhere in the vicinity of $955M USD.
The closely held company’s owners, which include European investor Novator Partners LLP, U.S. investment fund General Catalyst Partners LLC and venture capitalist New Enterprise Associates Inc., are discussing whether or not to proceed with a sale, the people said, asking not to be identified because the deliberations are private.
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