January 18, 2018 / 10:49 PM / 9 months ago

BRIEF-Asta Funding - ASFI Pegasus Holdings Entered Membership Interest Purchase Agreement With Pegasus Legal Funding

Jan 18 (Reuters) - Asta Funding Inc:

* ASTA FUNDING INC-ON JAN. 12, ASFI PEGASUS HOLDINGS, LLC, UNIT CO ENTERED INTO A MEMBERSHIP INTEREST PURCHASE AGREEMENT WITH PEGASUS LEGAL FUNDING, LLC​

* ASTA FUNDING-UNDER AGREEMENT, ASFI BOUGHT SELLER S OWNERSHIP INTERESTS OF PEGASUS, WHICH WAS 20% OF ISSUED AND OUTSTANDING LLC INTERESTS OF PEGASUS​

* ASTA FUNDING INC - ‍ ASFI BOUGHT SELLER S OWNERSHIP INTERESTS OF PEGASUS FUNDING, LLC FOR AN AGGREGATE PURCHASE PRICE OF $1.8 MILLION - SEC FILING

* ASTA FUNDING INC - ‍AS A RESULT OF EXECUTION OF PURCHASE AGREEMENT, ASFI BECAME OWNER OF 100% OF LIMITED LIABILITY COMPANY INTERESTS OF PEGASUS​ Source text: (bit.ly/2riUGid) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below