An Interest In:
Web News this Week
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
November 19, 2012 09:54 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RTKv9w5Et3M/
Viggles Deal To Buy GetGlue Hinges On $60M Of Financing From 2 Strategic Investors, Expected To Close In Next 30 Days
A little detail in the 8-K form filed today by TV loyalty service Viggle, announcing its acquisition of social TV service GetGlue for $25 million (embedded below), notes that the deal hinges on Viggle successfully completing a "convertible debt financing equal to or greater than $60 million." TechCrunch has learned some more details around this, and it turns out that Viggle is in the process of picking up two large, strategic investors as part of that $60 million investment. Our source says that neither is a media company but could be a large consumer electronics company or a big internet brand.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RTKv9w5Et3M/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch