Business
New Village people trio set to replace tired Kirby bros act – Sydney Morning Herald
Unclip the restraints and disembark the cars – the Village Roadshow investor ride is almost over.
Its hard to see how Village Roadshow could be worth the price tag Mittleman ascribes to it. It is four years since Village traded at that level and now seems to be in a sufficiently parlous financial position that it will need an injection of equity to keep its bankers happy.
Given its line of business, Village Roadshow has been one of the most negatively COVID-impacted companies on the ASX.
But its woes pre-date COVID. Its performance has been disappointing and internal brawls between the Kirby…
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