Eros International to merge with STX Entertainment [Yahoo! Finance News]
EROS INTL PLC (EROS)
Last eros intl plc earnings: 11/15 07:45 am
Check Earnings Report
US:NYSE Investor Relations:
erosplc.gcs-web.com
Company Research
Source: Yahoo! Finance News
Reuters) - Eros International Plc said on Friday it would merge with U.S.-based privately held media company STX , sending shares of the Indian film production house nearly 55% higher.The combined company, Eros STX Global Corp, will remain listed on the New York Stock Exchange, with headquarters in both Mumbai, India and Burbank, California, the companies said https://www.businesswire.com/news/home/20200417005565/en in a statement.Eros and STX , which has produced films including "I Feel Pretty" and "The Edge of Seventeen", did not disclose the financial terms of the deal.Eros, with a market value of about $258 million, is a film production and distribution company which owns a vast library of Bollywood movies and music and runs its own video streaming service.Robert Simonds, head of STX, would be the chief executive officer of the combined company, while Eros CEO Kishore Lulla would be executive co-chairman.The new company is expected to generate about $50 million in operating cost s
Show less
Read more
Impact Snapshot
Event Time:
EROS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EROS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EROS alerts
High impacting EROS INTL PLC news events
Weekly update
A roundup of the hottest topics