Press Release of Believe's Board of Directors [Yahoo! Finance]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Yahoo! Finance
to the Chairperson of the Believe Ad-Hoc Committee, stating that the waiver of the Board Condition (as defined in the Ad-Hoc Committee press release issued on 11 March 2024) to the offer extended by a consortium formed by the EQT X fund, funds advised by TCV, and Mr Denis Ladegaillerie (together, the “Consortium”) was not compliant with the principles governing tender offers. In its press release dated 7 March 2024, Warner Music Group (“WMG”) had publicly announced its interest with respect to a potential combination of WMG and Believe, where WMG could value Believe at a price of at least €17/share, coupon attached. In light of this set of circumstances, the Board of Directors of Believe (with only its independent board members participating in the deliberation and in the vote) has determined to invite WMG to submit a binding, unconditional and fully financed offer (the “Binding Offer”) for Believe. To this effect, Believe has agreed to provide WMG with access to a data room inclu
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WMG
News
- Will.i.am Joins Uproxx Studios As Partner And Investor, Which Is A Result Of An Acquisition Of Uproxx, HipHopDX, And More From WMG [Yahoo! Finance]Yahoo! Finance
- Believe Reports Strong $248M in Quarterly Revenue Despite Slower Organic Growth [Yahoo! Finance]Yahoo! Finance
- will.i.am Partners With Media Moguls To Launch UPROXX Studios [Forbes]Forbes
- UPROXX Studios Blazes Independent Path [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine Warner Music Group Corp. (NASDAQ:WMG)? [Yahoo! Finance]Yahoo! Finance
WMG
Earnings
- 2/7/24 - Miss
WMG
Sec Filings
- 3/8/24 - Form 8-K
- 3/7/24 - Form 4
- 3/7/24 - Form 4
- WMG's page on the SEC website