Relativity Media Plans to Raise Capital Ahead of Planned IPO
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Relativity Media LLC, the company that helped fund “The Social Network,” is working with Jefferies Group LLC to raise money ahead of a planned initial public offering, Chief Executive Officer Ryan Kavanaugh said.
The independent film and television studio is targeting an IPO within the next 18 months, Kavanaugh said in an interview with Bloomberg Television from New York. The company plans to refinance debt and raise equity in preparation for the share sale, he said.