Genius Brands (GNUS) Announces Acquisition of WOW! Unlimited Media Inc.

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Genius Brands Int'l (GNUS) Acquires WOW! Unlimited Media for $53M

October 27, 2021 10:17 AM EDT

WOW! Unlimited Media announced today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Genius Brands International, Inc. (NASDAQ: GNUS) whereby Genius Brands will acquire all of the issued and outstanding shares WOW! (the "WOW! Shares") for approximately C$66 million (US$53 million) in cash and stock (the "Transaction").

Under the terms of the Arrangement Agreement, shareholders of WOW! (the "WOW! Shareholders") will receive in exchange for each WOW! Share, 0.271 of a common share of Genius Brands (each, a " Genius Share") and C$1.169 in cash (the "Consideration"). The... More

Genius Brands Int'l (GNUS) Agreed to Buy Canadian Animated Production House Wow! Unlimited Media for About $53 Million in Cash and Stock - Deadline

October 27, 2021 9:33 AM EDT

(Updated - October 27, 2021 9:35 AM EDT)

Genius Brands Int'l (NASDAQ: GNUS) Agreed to Buy Canadian Animated Production House Wow! Unlimited Media for About $53 Million in Cash and Stock -... More

Genius Brands Int'l (GNUS) Halted, News Pending

October 27, 2021 8:25 AM EDT

Genius Brands Int'l (NASDAQ: GNUS) Halted, News Pending

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