The company said that the purchase price will be subject to customary adjustments for transaction expenses and debt
The company, however, said there can be no assurance that the negotiations or any process will result in a transaction
The company has also unveiled a new logo, website and NYSE stock ticker after Eros International merged with California-based STX Entertainment
Rishika Lulla Singh, currently Chairman of Eros Digital, and Noah Fogelson, formerly STX Entertainment’s EVP of Corporate Strategy and General Counsel, will each serve as Co-Presidents
In today's edition of 'Beating All Odds', Pradeep Dwivedi, CEO- India, Eros International, speaks to Naziya Alvi Rahman, Editor, exchange4media