ADW Capital Partners L.P., which holds 9% of IDW Media Holdings’ stock, has called to sell the company to a “strategic partner” in order to “maximize value of intellectual property.” The request has been made in a form of an open letter. “But what it does not mean is that our content is any less valuable. It simply means our Company does not have the resources / the right cost of capital to BEST monetize its large and growing IP/content portfolio.” *** “…we believe the intrinsic value of the Company’s assets is far higher than the Company’s trading price would
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IDW Investors Request To Sell The Company appeared first on
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