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Actua Sells Three Units For $549 Million In Cash

|About: Actua Corporation (ACTA), Includes: AAPL, AIG, AMZN, CALM, CFG, ENV, GNRT, TA


Our original article was published on June 15th, 2017 outlining the value of Actua

Actua will slowly sell all remaining assets and distribute all proceeds and current cash to shareholders

As outlined in our Seeking Alpha article of June 15, 2017, Actua (ACTA) has significant value in its underlying but disparate businesses.  Yesterday, after the close, the company announced the sale of three of their main portfolio companies for a total of $549 million.  

Disclosure: I am/we are long ACTA.