Brief: Glory Star New Media Announces Termination Of Merger Agreement

Cheer Holding

11/04/2023 11:03

April 11 (Reuters) - Glory Star New Media Group Holdings
Ltd  GSMG.O :
    * GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITED ANNOUNCES
TERMINATION OF MERGER AGREEMENT
    * GLORY STAR NEW MEDIA GROUP HOLDINGS LTD - GLORY STAR NEW
MEDIA
GROUP HOLDINGS LIMITED ANNOUNCES TERMINATION OF MERGER AGREEMENT
    * GLORY STAR - TERMINATION OF CERTAIN AGREEMENT AND PLAN OF
MERGER, DATED JULY 11, BY AND AMONG COMPANY, CHEERS INC., GSMG
LTD
    * GLORY STAR - PURSUANT TO NOTICE OF TERMINATION, AS A
RESULT OF
SUCH TERMINATION, PARENT IS OBLIGATED TO PAY US$1,055,897.22 TO
CO

Source text for Eikon:  ID:nPn8fWGSNa 
Further company coverage:  GSMG.O 

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