Edition:
India

Investors Led By Ted Farnsworth Submit Offer For Moviepass Inc.


Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Ted Farnsworth::INVESTORS LED BY TED FARNSWORTH SUBMIT OFFER FOR MOVIEPASS INC..TED FARNSWORTH - TERMS OF OFFER WERE NOT DISCLOSED..TED FARNSWORTH - STEPPED DOWN FROM HIS ROLES AS CHAIRMAN AND CHIEF EXECUTIVE OF HELIOS AND MATHESON.TED FARNSWORTH SAYS PENDING ACCEPTANCE OF HIS BID HE HOPES TO CLOSE ON TRANSACTION AS SOON AS POSSIBLE.TED FARNSWORTH SAYS SUBMITS OFFER TO ACQUIRE ALL ASSETS INCLUDING MOVIEPASS INC., MOVIEPASS FILMS, MOVIEPASS VENTURES, AND MOVIEFONE..TED FARNSWORTH - STEPPED DOWN FROM BOARD OF HELIOS AND MATHESON, RECUSING HIMSELF FROM CONSIDERATION OF OFFERS. 

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21 Nov 2019