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Bruin Ends Sale Process for Streaming Company Deltatre

  • Owner was seeking in excess of $1 billion before pandemic
  • Company will focus on expanding business acquired in 2016

Bruin Sports Capital is no longer looking to sell its media and technology company Deltatre, according to people with knowledge of the matter.

The process was terminated because of uncertainty due to the coronavirus pandemic, said one of the people, who asked not to be identified discussing a private matter. Bruin Sports plans to focus on growing the company and doesn’t expect to relaunch an auction, the person said