Brief: A-Mark To Acquire Leading E-Commerce Retailer Jm Bullion, Creating The Industry’S Preeminent Fully Integrated Precious Metals Platform

Gold.com

09/02/2021 21:57

Feb 9 (Reuters) - A-Mark Precious Metals Inc  AMRK.O :
    * A-MARK TO ACQUIRE LEADING E-COMMERCE RETAILER JM BULLION,
CREATING THE INDUSTRY’S PREEMINENT FULLY INTEGRATED PRECIOUS
METALS PLATFORM
    * A-MARK PRECIOUS METALS INC - A-MARK WILL PAY A TOTAL OF
$138.3
MILLION FOR 79.5% OF JMB IT DOES NOT CURRENTLY OWN
    * A-MARK PRECIOUS METALS INC - A-MARK INTENDS TO FINANCE
CASH
PORTION OF PURCHASE PRICE WITH CASH ON HAND AND THROUGH ANY
AVAILABLE MEANS OF FINANCING

Source text for Eikon:  ID:nGNX1w8wLh 
Further company coverage:  AMRK.O 

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