ACME Communications: A Special Dividend Story - ACME
alluvial.substack.com
ACME Communications is in slow motion liquidation. In 2002, ACME owned 11 TV stations. Since, the company has been gradually selling off its stations and paying special dividends with the proceeds. On September 10, the company announced the sale of its final three station broadcast licenses and associated station assets for $17.3 million.
ACME Communications: A Special Dividend Story - ACME
ACME Communications: A Special Dividend Story…
ACME Communications: A Special Dividend Story - ACME
ACME Communications is in slow motion liquidation. In 2002, ACME owned 11 TV stations. Since, the company has been gradually selling off its stations and paying special dividends with the proceeds. On September 10, the company announced the sale of its final three station broadcast licenses and associated station assets for $17.3 million.