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Started By
Message
Get woke... go broke.
Posted on 5/15/19 at 10:31 am
Posted on 5/15/19 at 10:31 am
LINK
quote:
Salon Media Announces $5 Million Sale, ‘Bankruptcy and Liquidation’ Threatened If Deal Fails
“We have agreed to sell substantially all of our assets,” the company says in a SEC filing
Salon Media says they have reached an 11th hour deal to sell the company and its flagship property Salon.com for $5 million. In an SEC filing, Salon also revealed its position was dire and that it would face imminent “bankruptcy and liquidation” if the deal should fall through.
“We have agreed to sell substantially all of our assets (the “Asset Sale”), including all pertinent intellectual property rights comprising the Company’s business of owning, operating and publishing the website known as Salon.com,” the filing read.
The company buying Salon was named only as Salon.com LLC and appeared to be getting an even better deal than the top line figures first suggest. To complete the sale, the buyer need only pay $550,000 at closing, with an additional $100,000 left in an escrow account. The filing also showed that a deposit of $500,000 had already been paid
Posted on 5/15/19 at 10:36 am to CleverUserName
Wow like thanks Trump, where am I going to go to find the most unbiased and factual news reporting now. I just can’t even right now
Posted on 5/15/19 at 10:37 am to CleverUserName
No wonder XIV had to move back home
Posted on 5/15/19 at 10:38 am to OldmanBeasley
They can take Vox, GQ, Vanity Fair, CNN, MSNBC, HuffPo, WaPo, ABC, CBS, etc... with them.
Posted on 5/15/19 at 10:39 am to CleverUserName
Good. Nothing but a propaganda machine.
Posted on 5/15/19 at 10:40 am to OldmanBeasley
(no message)
This post was edited on 1/19/21 at 2:55 pm
Posted on 5/15/19 at 10:41 am to CleverUserName
One of the most vile and ridiculous websites out there.
Posted on 5/15/19 at 10:43 am to CleverUserName
Going to be alot of people learning how to code soon.
Posted on 5/15/19 at 10:43 am to tide06
NPR is a beast and needs to be taken down. I have no idea on why the President is shying away from defunding a leftist propaganda machine paid for by tax payers money when they already have filthy money from grants. There is a ton of pork at NPR and would venture to say their journalist and radio personalities are quietly making a killing while spreading lies about conservatives 24/7.
Posted on 5/15/19 at 10:52 am to CleverUserName
quote:
In an SEC filing
is mizzou buying them?
Posted on 5/15/19 at 11:35 am to CleverUserName
That money that Obama was backdoor-sliding to these Media outlets is drying up....insert Nelson Munz gif here...
Posted on 5/15/19 at 11:36 am to NIH
quote:
No wonder XIV had to move back home
For the win....
Posted on 5/15/19 at 12:14 pm to CleverUserName
some of the legitimate shadiest business deals in history were the sales of online media companies in the 10s
*ETA: if salon's stock owners wanted to cash in, they're like 5-6 years too late
*ETA: if salon's stock owners wanted to cash in, they're like 5-6 years too late
This post was edited on 5/15/19 at 12:16 pm
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