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November 20, 2012 05:23 am GMT

The Ugly Numbers Behind The Viggle-GetGlue Merger

joker-burning-moneyAs you look through Viggle's actual financials there are many troubling signs. Let's start with the merger itself, which is contingent on Viggle raising an additional $60 million in funding. The company says it's got some strategic partners signed on, but checks haven't been cashed yet -- a source told TechCrunch that Viggle expects the financing to close in the next 30 days.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2gGBTSUPAcs/

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