Los Angeles
– Freelance journalism site True/Slant is in acquisition talks with potential
suitors, PaidContent reported, citing sources, while the company maintains it
is focused on raising a second round of financing.
The company previously
raised $3 million in 2008, from backers including Forbes Media and Fuse
Capital, and is reportedly looking to raise another $3 million to $5 million.
PaidContent
did not have details on potential buyers for the company, but said it has
"confirmed that both [fundraising and acquisition] possibilities are still
in play."
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(PaidContent)
