Magic

[Long_shortguy]

$RDBX Avoid!!!!! Short squeeze pumper Have no idea.

Under the terms of the agreement, Chicken Soup for the Soul Entertainment Inc will issue 0.087 of its shares for every share acquired in Redbox Entertainment Inc. About $.80 based on CSSE close

The board of directors of both companies have approved the transaction. Redbox stockholders holding approximately 83.7% of the Redbox voting power have entered into a voting agreement to approve the transaction.

Also, read the 10Q. Page 12, Note 6: Debt. You will see that they are not even paying cash interest on their debt. Separate line items for Paid-in-kind Interest. Just adding more debt to the debt. On both term loan and revolving credit. In simple terms, merge and get some pennies on the dollar or go bankrupt and get ZERO. You can almost consider the merger a pre-planned bankruptcy without going through the courts