Active Network has raised more than $275m, according to news provider Fortune, and has Ticketmaster and Disney as two primary shareholders.
Active Network, a US-based online service for sportsmen backed by media group Disney, plans to raise $150m in its flotation.
Active Network has raised more than $275m, according to news provider Fortune.
In its regulatory filing, Active said Disney’s majority-owned sports network ESPN held 22.4% of its shares, and had paid $6.4m in fees for Active’s services in the 2009 financial year.
Elicia Acquisition Corporation, an investment vehicle for events sales provider Ticketmaster, owns 10.7% and the parent…
