Munich, 2 February 2022 - The international corporate law firm ADVANT Beiten advises "Genius Brands International Inc." with registered seat in Beverly Hills on the takeover of the listed media company "Your Family Entertainment AG" based in Munich.
The takeover bid was preceded by a share purchase of Genius with the principal shareholder of Your Family Entertainment AG, F&M Film- und Medien Beteiligungs-GmbH with registered seat in Vienna. Its sole shareholder is Dr. Stefan Piëch, great-grandson of Ferdinand Porsche, the founder of Porsche. The takeover takes place in several stages, i.e. the principal shareholder and Genius are at first bound by a shareholders' agreement so that there is an acquisition of control. Genius itself then has acquired a portion of the shares of F&M Film- und Medien Beteiligungs-GmbH. Genius does not exclude that it will in future increase the holding by means of another public offering.
Advisor to Genius Brands International Inc.:
ADVANT Beiten: Dr. Dirk Tuttlies (Banking & Finance, Munich); Rainer Süßmann (Banking & Finance, Frankfurt).
Press Contact
Frauke Reuther
Communications Manager
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com
Dr. Dirk Tuttlies
Rechtsanwalt (Lawyer)
ADVANT Beiten
+49 (89) 3 50 65 - 1241
dirk.tuttlies@advant-beiten.com