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https://www.barrons.com/articles/redbox-stock-chicken-soup-51652467447
Earlier this week, Chicken Soup for the Soul Entertainment, which operates a group of advertising-supported streaming services, announced a deal to buy Redbox, best known for operating a network of 38,000 DVD-rental kiosks. It’s an interesting fit, one that both saves Redbox from financial disaster and bulks up Chicken Soup in the crowded streaming-video market. But what’s really interesting here is the stock market’s weird reaction to the transaction.
The terms are straightforward. Chicken Soup (ticker: CSSE) will assume...
Earlier this week, Chicken Soup for the Soul Entertainment, which operates a group of advertising-supported streaming services, announced a deal to buy Redbox, best known for operating a network of 38,000 DVD-rental kiosks.
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