.
MergerLinks Header Logo

Announced

Completed

Chicken Soup for the Soul Entertainment completed the acquisition of Redbox from Apollo Global for $375m.

Financials

Edit Data
Transaction Value£304m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Public

Domestic

Entertainment

home entertainment provider

video rental

United States

Majority

Friendly

Acquisition

Completed

Private Equity

Synopsis

Edit

Chicken Soup for the Soul Entertainment, an operator of advertising-supported video-on-demand streaming services, completed the acquisition of Redbox, an entertainment company, from Apollo Global, a private equity firm, for $375m. "We believe that Chicken Soup for the Soul Entertainment is the ideal partner for Redbox. By joining forces, we will accelerate Redbox’s transition from a physical to high growth digital media company and be the only entertainment provider truly focused on value for consumers," Galen Smith, Redbox CEO. On August 9, 2022, Redbox stockholders approve merger with Chicken Soup.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US