Brief: The Arena Group To Acquire Digital Assets Of Men’s Journal, Adventure Network From a360media

Paradium.AI

13/12/2022 21:21

Dec 13 (Reuters) - Arena Group Holdings Inc  AREN.A :
    * THE ARENA GROUP TO ACQUIRE DIGITAL ASSETS OF MEN’S JOURNAL
AND
ADVENTURE NETWORK FROM A360MEDIA
    * ARENA GROUP HOLDINGS - CO WILL PAY AN AGGREGATE OF $28.5
MILLION, INCLUDING $25 MILLION IN CASH UP FRONT AND ABOUT $3.5
MILLION IN DEFERRED PAYMENTS

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 ((Reuters.Briefs@thomsonreuters.com;))