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

T-Reuters
Dec 07, 2021

Eros STX Global Corp :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.

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