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.
TheStreet is owned by The Arena Group.
