Brief: Enthusiast Gaming To Acquire Icy Veins

Enthusiast Gaming Holdings

17/03/2021 11:41

March 17 (Reuters) - Enthusiast Gaming Holdings Inc
 EGLX.TO :
    * ENTHUSIAST GAMING TO ACQUIRE ICY VEINS, EXPANDING ITS
OWNED AND
OPERATED PLATFORM
    * ENTHUSIAST GAMING HOLDINGS INC - ACQUISITION EXPECTED TO
BE
IMMEDIATELY ACCRETIVE WITH FURTHER REVENUE AND MARGIN EXPANSION
OPPORTUNITY
    * ENTHUSIAST GAMING - DEAL FOR FOR EUR 7 MILLION
(APPROXIMATELY
US$8.3 MILLION) IN CASH AND STOCK, PLUS AN EARNOUT SUBJECT TO
CERTAIN MILESTONES BEING ACHIEVED

Source text for Eikon:  ID:nGNXbBkcDQ 
Further company coverage:  EGLX.TO 

 ((Reuters.Briefs@thomsonreuters.com;))