Eros STX Global Corporation - Ordinary Shares - Class A

:ESGC  
0.34
+0.02 (+7.44%)
Divestitures / Spin-offs, Mergers / Acquisitions

ErosSTX Enters To Sell Its STX Entertainment Subsidiary To The Najafi Companies

Published: 12/07/2021 14:35 GMT
Eros STX Global Corporation - Ordinary Shares - Class A (ESGC) - Erosstx Enters Into a Definitive Agreement for the Sale of Its Stx Entertainment Subsidiary to the Najafi Companies.
Eros Stx Global Corp - Purchase Price at Closing Will Be $173 Million.
Eros Stx Global Corp - Purchase Agreement Also Provides Esgc With a Go-shop Period.
Eros Stx Global - Under Agreement, Esgc to Pay Termination Fee of $4.5 Million to Najafi If Co Terminates Agreement in Connection With Accepting Superior Proposal.