Vox Media Agrees to Buy Group Nine Media, Creating Big Digital Publisher – The Wall Street Journal

Vox Media said it agreed to acquire Group Nine Media Inc., a deal that unites two of the biggest players in digital publishing.

Under the terms of the stock deal, Vox Media will have 75% ownership of the combined company, with the remaining 25% going to Group Nine Media, according to people familiar with the matter. Vox Media Chief Executive Jim Bankoff will lead the company.

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