Bankrupt YogaWorks Nets $9.6 Million Offer for Digital Business

MEP Capital Management and GoDigital Media Group have been picked as the winning bidder for YogaWorks’ digital platform, which includes live-streamed yoga classes

MEP Capital Management LLC, an investment firm that has funded popular YouTube shows and other media projects, is poised to acquire YogaWorks Inc.’s digital business out of bankruptcy as part of a joint offer with affiliates of media company GoDigital Media Group Inc.

MEP Capital and GoDigital Media Group’s $9.6 million offer for YogaWorks’ digital business has been selected as the winning bid following a chapter 11 auction, according to court papers filed Wednesday in the U.S. Bankruptcy Court in Wilmington, Del. The offer…

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