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Village Roadshow ride awaits the final turn

Village Roadshow ride awaits the final turn

If Mittleman Brothers wants to guarantee that BGH fails in its takeover bid for Village, it has to significantly step up its share acquisition before the end of the week.

John Kirby, left, and brother Robert will stay on as shareholders in the private Village Roadshow.  Robert Rough

Max MasonSenior courts and crime reporter

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It's a $1.5 million question for New York-based funds manager Mittleman Brothers, as it stares down the barrel of Village Roadshow's likely acquisition by local private equity firm BGH Capital.

D-Day arrives on Monday with the shareholder vote on the deal, and Mittleman faces an uphill, but not impossible, battle.

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Max Mason
Max MasonSenior courts and crime reporterMax Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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Original URL: https://www.afr.com/companies/media-and-marketing/village-roadshow-ride-awaits-the-final-turn-20201202-p56jvs