Brief: Arena Group Holdings Inc - On December 7, Co's Unit Entered Into An Asset Purchase Agreement With A360 Media, Llc And Weider Publications, Llc

Paradium.AI

13/12/2022 21:50

Dec 13 (Reuters) - Arena Group Holdings Inc  AREN.A :
    * ARENA GROUP HOLDINGS INC - ON DECEMBER 7, CO'S UNIT
ENTERED INTO
AN ASSET PURCHASE AGREEMENT WITH A360 MEDIA, LLC AND WEIDER
PUBLICATIONS, LLC
    * ARENA GROUP HOLDINGS - INTENDS TO CONSUMMATE ACQUISITION &
TO
REPAY ABOUT $5.9 MILLION OF ITS EXISTING DELAYED DRAW TERM NOTES
DUE DECEMBER 31, 2022
    * ARENA GROUP HOLDINGS - UNIT TO PURCHASE ASSETS RELATED TO
DIGITAL MEDIA OPERATIONS OF MEN’S JOURNAL & OTHER MEN’S ACTIVE
LIFESTYLE BRANDS FOR $25 MILLION

Further company coverage:  AREN.A 
 ((Reuters.Briefs@thomsonreuters.com;;))