Post by
EyesOnThePrize on Jan 25, 2021 4:34pm
DM/Ronin/GBLC
Not sure if this has been discussed before, but I was wondering ..
DM announces stratgeic review of Ronin, to determine ways to extract value for shareholders. At the same time, GBLC announces strategic review of opportunities in their space. Could DM sell Ronin to GBLC, in an all stock deal? It would get the liabiltiy off DM's books which helps DM. Shareholders would get shares in GBLC, which helps them. And GBLC gets to PR and monetize Ronin, a very hot sector right now that would attract attention and investment.
Just a thought ..