Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale
VRScout
MARCH 13, 2020
Once valued at $8 billion, sources say the AR start-up is now seeking an acquirer. Magic Leap is reportedly working closely with a financial advisor on exploring options to keep the doors of the AR startup open. According to a recent Bloomberg report, the AR company would either form a new partnership that would hand over the equity of the company or possibly sell off a significant stake of the company ahead of listing.
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