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Brief: Lingo Media signs LOI to merge with Schoold

March 23 (Reuters) - Lingo Media Corp  LM.V  
    * Lingo Media signs LOI to merge with Schoold 
    * Says parties are working towards finalizing a definitive 
agreement within next 30 to 60 days with respect to transaction 
    * Lingo Media Corp says transaction is anticipated to be a 
merger of equals in which shareholders of each party will 
acquire 50 percent of resulting entity 
 
Source text for Eikon:  ID:nMKWg9RsJa  
Further company coverage:  LM.V  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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