Bids for Meredith’s FanSided are due this month – Fixie News
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Bids for Meredith’s FanSided are due this month

Bids for FanSided, the blog site that is being shorn off from Sports Illustrated, are due June 28, according to sources.

Meredith sold the Sports Illustrated brand to Authentic Brands Group for $110 million, but ABG did not want to buy the labor-intensive blog site, which covers more than 300 sports teams.

Bank Houlihan Lokey, which is handling the deal, is hoping that FanSided fetches a frothy $30 million price, supercharged by companies that see it as a way to reach sports gamblers.

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