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Famed Comedy Outfit The Second City Acquired By Strauss Zelnick-Run Private Equity Firm ZMC

The Second City, the famed Chicago improv comedy outfit, has been acquired by private equity firm ZMC, whose founder and managing partner is longtime media figure Strauss Zelnick. Financial terms for the deal were not disclosed. Houlihan-Lokey served as a financial advisor to Second City on the transaction. The M&A…