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4Kids Retains Financial Advisor to Consider Strategies
posted on by Egan Loo
Options include asset sales, alliances, company sale via merger or other means
The licensing and distribution company confirmed on Wednesday that it has retained the financial advisor Montgomery & Co. to help evaluate its strategic alternatives. 4Kids' Board of Directors plans to consider options "including, but not limited to, asset sales, alliances with strategic partners, and/or a sale of the Company through a merger or other corporate transaction." 4Kids notes that it may decide to execute none of these options.
This is the first public comment 4Kids has made since the paidContent.org website Dinosaur King.
Source: animenaime.jp
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