Hemisphere Media Group Inc - Ordinary Shares - Class A

+0.18 (+2.66%)
Mergers / Acquisitions

Hemisphere Media Group To Be Taken Private By Gato Investments LP

Published: 05/09/2022 13:48 GMT
Hemisphere Media Group Inc - Ordinary Shares - Class A (HMTV) - Hemisphere Media Group to Be Taken Private by Gato Investments Lp, a Portfolio Investment of Searchlight Capital Partners, Lphemisphere Media Group Inc - Hemisphere Stockholders to Receive $7.00 per Share in Cash.
Hemisphere Media Group Inc - Merger Agreement Includes a 30-day "go-shop" Period Expiring June 7, 2022.
Hemisphere Media Group - Entered Into a Separate Agreement to Sell Pantaya, Leading Spanish Language Streaming Platform in U.S., to Televisaunivision.
Hemisphere Media Group Inc - Upon Completion of Transaction, Hemisphere Will Become a Private Company Wholly-owned by Gato.
Hemisphere - Contemplates Using Net Cash Proceeds From Televisaunivision Transaction to Promptly Prepay Co's Outstanding Senior Secured Term Loans.