Status: New/Upcoming Filing
Acquirer: Bison Holding Company Ltd. (China)
Acquired: Cinedigm Corp. (U.S.)
Value: Approx. US$30 million
Industry: Multimedia
Upon closing, “Bison Capital will beneficially own a majority of the outstanding Class A Common Stock and will be entitled to designate two (2) members of the Company’s Board of Directors, the size of which shall be set at seven (7) members.” (Cinedigm Press Release, Bison Capital to Make Significant Strategic Investment in Cinedigm, June 29, 2017.) “The Transactions are subject to a number of closing conditions, including . . . regulatory approvals including CFIUS.” (Cinedigm Corp. Form 8-K, June 29, 2017, SEC Filing.)