Announced
Financials
Tags
Acquisition
Single Bidder
Majority
Reverse Takeover
United States
Private
Friendly
movies
Entertainment
Merger
digital media distributor
Domestic
Failed
Synopsis
Broadside Enterprises, a media acquisition and development company, failed to acquire MonteCristo International Entertainment, a media distribution company. Financial terms were not disclosed. "After 15 years of attending all markets and most festivals, and reaching over 100 feature films under management, MonteCristo is responding to the deep transformation of the sales agency business brought about both by new technology and COVID, with a renewed commitment to producers worldwide," Michael Taverna, Broadside Enterprises CEO. On September 22, 2021, Broadside Enterprises cancels merger transaction with MonteCristo International Entertainment.
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