Digital media company Everyday Health explores sale: sources

Reuters News
|
Posted: Oct 20, 2016 3:41 PM

(Reuters) - Everyday Health Inc, a U.S. operator of health-related websites, is exploring strategic alternatives, including a possible sale, people familiar with the matter said on Thursday.

Everyday Health has hired investment bank Qatalyst Partners to carry out a sale process that has attracted other companies and private equity firms, the sources said. There is no certainty the negotiations will result in a deal, the sources added.

The sources asked not to be identified because the deliberations are confidential. Everyday Health and Qatalyst Partners did not immediately respond to requests for comment.

(Reporting by Carl O'Donnell and Greg Roumeliotis in New York; Editing by Jeffrey Benkoe)