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Reservoir Media Files to Sell Securities to Fund Acquisitions, Other Needs

Reservoir Media files with the SEC to raise additional funding for more acquisitions.

The funds may go toward acquisitions, debt repayment, share buybacks and other general corporate purposes, according to the filing. Tapping the market for additional capital now would enable Reservoir Media to benefit from a recent upswing in its share price. “We remain a highly respected and regarded partner,” she said, “and our proven reputation for being a steward for catalogs through value enhancement initiatives allows us to acquire some of the best assets in the market.”

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