http://www.animenewsnetwork.com/news...-of-funimation
Navarre has already said they don't see much fit between Funi and their other operations in the software industry. What will it mean if they can't find a buyer? Perhaps Funi's Q3 income uptick will encourage some bidders. In the quarter that ended on December 31st, Funi had a net income of $1.8 million, twice the $928,000 it earned a year earlier.
Quote:
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The report states that Navarre "has not yet received an adequate offer" in its efforts to sell Funimation. Although its efforts continue, the company anticipates halting the process in the event that no adequate offer is made in the fourth quarter, which ends on March 31. |