Brief: PlayHippo signs non-binding agreement to buy British online gaming co

Fable Media AB

05/05/2017 10:24

May 5 (Reuters) - PLAYHIPPO AB  PLAYH.ST : 
    * SIGNS NON-BINDING INDICATIVE OFFER FOR ACQUISITION OF A 
BRITISH COMPANY ACTIVE WITHIN ONLINE GAMING AND AFFILIATE 
MARKETING 
    * OFFER IS DIVIDED INTO TWO PARTS, AN INITIAL PAYMENT AND AN 
ADDITIONAL PURCHASE PRICE  
    * THE PURCHASE PRICE IS PAID IN NEWLY ISSUED SHARES AND IS 
EXPECTED TO BE BETWEEN 55-60 MILLION SWEDISH CROWNS 
    * GOAL IS TO CLOSE THE DEAL IN Q2 
 
     
 Source text: http://bit.ly/2pcyHTQ 
     
 Further company coverage:  PLAYH.ST   
    
 
 
 (Gdynia Newsroom) 
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