The great irony is that it did indeed turn out to be a transformation deal. Just in the complete opposite direction. The $15m payment is obscene.
I would love to get back in but the reality is that BET is going to severely struggle to pick up any substantial revenue growth of note in the near or even mid term and in turn produce any real profitability.
Best of luck holders. I will be cheering for you from the sidelines.
IMO DYOR
Disclosure - None / Not Held
Ann: Amendment of Betr Agreement ahead of Betr acquisition, page-9
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