Brief: Gaming Nation says to be acquired by Orange Capital for CAD$0.95 in cash per share
26/06/2017 16:33
June 26 (Reuters) - Gaming Nation Inc FAN.V :
* Gaming Nation Inc. to be acquired by Orange Capital
* Deal for CAD$0.95 in cash per share
* Price per share implies an aggregate fullydiluted equity
value for Gaming Nation of approximately CAD$44 million
* Aarrangement is not subject to a financing or due
diligence condition
* Arrangement agreement provides for a termination fee of
C$2 million and a reverse termination fee of C$4 million
* Board unanimously recommends that shareholders vote in
favour of transaction
Source text for Eikon: ID:nCCN2vlsQa
Further company coverage: FAN.V
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