cbdMD Announces Deal To Acquire Twinlab Consolidated Holdings Assets For $1.75M In Assumed Debt And 2,229,805 Shares, Through Assignment For Benefit Of Creditors
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Why It Matters
cbdMD is buying some of Twinlab's business parts by taking over their debts and giving out company shares instead of cash. This shows cbdMD thinks it can make money from these assets, but watch whether the new business actually helps their earnings grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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