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Category: LMACA

Malone and Maffei: Still got it (even if their SPAC doesn't) $LMACA $SCOR

Posted On April 20, 2021
At the beginning of the year, Comscore (SCOR) announced a "strategic investment" from Charter, Qurate, and Cerberus ("the buyers"). The buyers bought $204m in convertible preferred stock, and in exchange Comscore got cash to pay off basically all of their debt as well as an agreement with Charter (and Comcast!) for "long-term data rights to […]
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