Manoj Bhargava recently deepened his commitment to The Arena Group, announcing that Simplify Inventions has taken an addition $12 million cash equity position in the company. The investment raises the company’s equity stake in The Arena Group to 54.5%.
“This infusion of cash is needed to help The Arena Group transition to a profitable, multi-media business,” said Simplify LLC owner Manoj Bhargava in the earlier press release.
Bhargava shares his vision for the future of The Arena Group in an interview at the NYSE.
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