From public information in the other thread :Digital River has a weird and obfucscated structure. I am wondering how our money is moved around between these companies:
- Digital River GmbH (Germany)
- Digital River Holding GmbH (Germany)
- Digital River Ltd (Ireland)
- Digital River (U.S.)
Does someone know more?
Cerberus, cerberus... Has no one noticed? Doesn't that ring a bell?The other party in this document is Cerberus Business Finance Agency, NY.
It seems that Digital River borrowed from Cerberus and other parties on multiple occasions since 2021, and now this is fifth agreement. I have no idea what this contract means, does it mean that DR will pay debt to Cerberus before all other obligations, even in the event of default ?
Cerberus is the multi-headed hell hound guarding the gates to the underworld, making sure that those who entered can never leave. So my theory is that DR was ordered to descend into the underworld, and loans from Cerberus are an instrument for that.
Statistics: Posted by BertKoor — Tue Oct 29, 2024 8:13 am