Bravo Multinational signs non-binding term sheet to acquire Vidgo content contracts for $11M

Bravo Multinational Inc.

Will acquire contracts from Walt Disney, ABC, Fox News, plus royalty-free license to Vidgo's platform for up to 15 months.
Purchase price: $10M cash plus $1M in BRVO common stock; assumes only 12-month minimum guaranteed payment under acquired contracts.
No other liabilities assumed; term sheet is non-binding and subject to definitive agreement.

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