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The Mic network sold for around $ 5 million



The digital publisher Mic Network Inc. has agreed to sell itself to Bustle Digital Group, publisher specializing in the women's field, for about $ 5 million, according to a person familiar with the record – a fraction of Mic's value there less than two years ago.

Mic has laid off almost all of his employees before the sale, said another person familiar with the case. Mic co-founder Chris Altchek informed employees of the layoffs at a general meeting on Thursday, said the manager.


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