Pursuits
Providence Said to Weigh Options for Video-Game Maker ZeniMax
- U.S. company makes video games including Doom and Quake
- ZeniMax said to be valued at as much as $2.5 billion
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Providence Equity Partners, the private equity firm focused on technology, media and telecommunications, is exploring options for portfolio company ZeniMax Media Inc., people with knowledge of the matter said.
The buyout firm has held talks with banks about what to do with its stake in the developer and distributor of video games, including a possible initial public offering or a sale, said the people, who asked not to be identified because the information is private.