Markiplier Says He Is 'Genuinely Sad' About GoPro's Merger
11 Articles
11 Articles
The brand that turned the action chambers into a global phenomenon grazed 12 billion dollars worth of valuation in 2014. Now Starman Optical takes 90% by 285 million and prepares a new stage in other sectors
Markiplier Says He Is 'Genuinely Sad' About GoPro's Merger
YouTube star and filmmaker Mark Fischbach, better known as Markiplier, is fully aware that the timing looks very bad but is adamant he did nothing wrong and is very concerned about what GoPro's new $285 million merger means for the company's products.
The action cam provider GoPro has long been in trouble. As part of a deal with Starman Optical, GoPro will now be acquired for $285 million. In the future, GoPro will probably become a supplier of hardware for AI data centers. (Continue reading)
GoPro Enters Into Merger Agreement With Starman Optical, Selling Majority Stake for $285M
GoPro, Inc. (NASDAQ: GPRO) and Starman Optical, Inc. (“Starman”), a privately held optical-photonics company, today announced that they have entered into a definitive merger agreement. In connection with the proposed transaction, GoPro shareholders will receive an aggregate cash payment of $285 million, or $1.14 per share, subject to potential adjustment based on GoPro’s net working capital …
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