Financial Times FT.com

Lovefilm focuses on buy-out talks

By Ben Fenton, Chief Media Correspondent

Published: June 15 2009 03:07 | Last updated: June 15 2009 03:07

Lovefilm, the DVD mail-order rental company, is in talks with private equity firms including KKR and Silver Lake Partners about buying out existing shareholders and providing support for expansion, people with direct knowledge of its strategy said on Sunday.

The talks, which are understood to centre on a valuation of the privately-held company at about £200m ($328m) are being co-ordinated by Jefferies, the investment bank.

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