Brief: MediaCo Acquires Estrella Media’s Content And Digital Operations

Mediaco Holding

18/04/2024 13:21

April 18 (Reuters) - Mediaco Holding Inc  MDIA.O :
    * MEDIACO ACQUIRES ESTRELLA MEDIA’S CONTENT AND DIGITAL
OPERATIONS
    * MEDIACO: ESTRELLA BROADCASTING TO GET WARRANT TO BUY UP TO
28.2
MILLION MEDIACO CLASS SHARES, $60 MILLION NEWLY ISSUED MEDIACO
SERIES B PREFERRED STOCK
    * MEDIACO: ESTRELLA BROADCASTING TO ALSO GET $30 MILLION
SECOND
LIEN TERM NOTE AND ABOUT $30 MILLION IN CASH

Source text for Eikon:  ID:nBw44MsLra 
Further company coverage:  MDIA.O