Sportskeeda parent company acquires majority stake in Pro Football Network

  • Nazara Technologies-owned Absolute Sports, the parent company of Sportskeeda, has acquired 73.27% stake in US-based Pro Football Network LLC.
  • The acquisition cost of $1.8 million was an all-cash transaction, including primary infusion of capital and secondary stock purchases.
  • Absolute Sports will use its cash reserves to fund the transaction.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals