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In Play Today: Early Uber investors eye stake sale; Match Group eyeing Bumble

S&P Global Market Intelligence presents In Play Today, a periodic summary of potential deal activity in the sector, including rumored transactions. This summary is based on information obtained by S&P Global Market Intelligence and may not be inclusive of all potential deal activity. Send comments and news leads to Haseeb.Ali@spglobal.com.

Media

* Early Uber Technologies Inc. investors Benchmark and Menlo Ventures indicated they may sell their shares to SoftBank Group Corp. and Dragoneer Investment Group in a tender offer, Bloomberg News reported Nov. 28, citing a SoftBank spokesman. SoftBank is reportedly eyeing a stake in the ride-hailing company at a 30% discount. Tencent Holdings Ltd., along with U.S.-based investors Sequoia Capital and TPG Capital, is also joining the tender offer to purchase Uber shares, according to reports.

* Match Group Inc expressed interest in buying dating app Bumble again this fall after founder Whitney Wolfe Herd rejected a previous offer, Forbes reported Nov. 14, citing sources familiar with the details. Match Group had offered to buy Bumble for $450 million earlier in 2017.

* Alphabet Inc. unit Google Inc. held exclusive talks to acquire Indian search engine Just Dial, Indian newspaper the Business Standard reported Nov. 10, citing an investment banker familiar with the discussions. A deal would raise Google's database by 20 million listings, according to the report. Discussions may reportedly take some time to finalize.

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* Sinclair Broadcast Group Inc. is considering selling certain TV stations for as much as $1 billion in a bid to receive the Federal Communications Commission's approval of its proposed acquisition of Tribune Media Co., Bloomberg News reported Oct. 17, citing "people familiar with the matter." The company has reportedly received preliminary bids for up to 10 TV stations and could sell all or some of them in different markets.

Communications

* Liberty Global plc is considering selling its Swiss and Austrian units, a move that could help enable a merger with Vodafone Group Plc, The (London) Daily Telegraph reported Nov. 28, citing sources familiar with the plans. The cable giant reportedly began talks about a potential sale of UPC Austria GmbH and UPC Schweiz, which are still at an early stage and may not lead to a deal. It is not clear whether Liberty Global would sell UPC Austria separately or together with UPC Schweiz, according to the report.

* AT&T Inc. has engaged a financial adviser as it considers putting its Latin American pay TV operations on the block, Reuters reported Sept. 15, citing people with knowledge of the matter. The assets, which could be valued at more than $8 billion, includes satellite and cable television services in Brazil, Colombia, Venezuela, Argentina and other countries, according to the report. The sources said AT&T is keen on keeping its pay TV business in Mexico as it has been investing in wireless services in the country.