logo
logo

Manoj Bhargava Invests $12 Million More in The Arena Group

Manoj Bhargava Invests $12 Million More in The Arena Group

02/14/24, 11:31 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$12 million
Industry
sports
Investors
Manoj Bhargava
The Arena Group announced that its largest shareholder, Simplify Inventions, LLC, is increasing its investment in the company by providing an additional $12 million in equity at an 85% premium over yesterday’s closing stock price to help sustain the company during its transformation.

Company Info

Company
The Arena Group
Location
new york, new york, united states
Additional Info
The Arena Group creates robust digital destinations that delight consumers with powerful journalism and news about the things they love – their favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. With powerful technology, editorial expertise, data management, and marketing savvy, the transformative company enables brands like Sports Illustrated, TheStreet and Parade to deliver highly relevant content and experiences that consumers love. To learn more, visit www.thearenagroup.net.

Related People