Candle Media sells ATTN: back to its co-founders

Candle Media, the media rollup company backed by Blackstone, has sold a majority stake in digital media company ATTN: back to its co-founders Matthew Segal and Jarrett Moreno, Axios has learned.

Why it matters: The deal empowers Segal and Moreno, who continued to lead the company under Candle Media's ownership, to reinvest ATTN:'s profits back into the company they started and drive a new phase of growth.

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