Bruin Capital is revisiting plans for a possible sale of its media and technology company Deltatre, according to people familiar with the matter.
The sports and entertainment group is working with Evercore Inc. as it weighs options for Deltatre, the people said, asking not to be identified discussing confidential information. Deltatre could be valued at about $1 billion, one of the people said.
Deltatre is a streaming-services provider to big names in sports and entertainment, including the National Football League, UEFA and Discovery Inc., allowing them to cut out middlemen and offer content directly to consumers.
Read more: BNN Bloomberg
