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Posted On: 09/20/2017 10:46:55 AM
Post# of 96891
Answer this question why did Ntek aquired another studio
2) The company entered into a MOU on March 15, 2017 to acquire 51% of a movie editing studio. The deal calls
for the completion of due diligence within 30 days and closing is anticipated within 60 days.
How does this add to their bottom line if
1. They're struggling with cash flow?
2.if there wasn't a deal on the table why go shopping with precious capital?
2) The company entered into a MOU on March 15, 2017 to acquire 51% of a movie editing studio. The deal calls
for the completion of due diligence within 30 days and closing is anticipated within 60 days.
How does this add to their bottom line if
1. They're struggling with cash flow?
2.if there wasn't a deal on the table why go shopping with precious capital?
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(1)
