Forbes jumps into hot media liquidity summer with a SPAC combo
TechCrunch
AUGUST 27, 2021
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. The transaction will close either Q4 2021 or Q1 2022, Forbes estimates.
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