Forbes jumps into hot media liquidity summer with a SPAC combo
TechCrunch
AUGUST 27, 2021
The transaction will close either Q4 2021 or Q1 2022, Forbes estimates. Forbes reports that it will sport “an implied pro forma enterprise value of $630 million, net of tax benefits,” after its completion. The company will sport an equity valuation of $830 million after the deal closes, per its own calculations.
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