Brief: Maximum Entertainment Ordered To Pay Earn-Out Considerations
BRIEF-Maximum Entertainment Ordered To Pay Earn-Out Considerations July 8 (Reuters) - Maximum Entertainment AB MAXENTb.ST:
MAXIMUM ENTERTAINMENT AB (PUBL): OUTCOME OF ARBITRATION PROCEEDINGS REGARDING EARN-OUT DISPUTE
TRIBUNAL FINDS EARN-OUT CALCULATIONS AND AMENDMENT II ARE BINDING
ORDERED TO PAY SEELYE USD 6.9 MILLION, SEK 29.5 MILLION; BONNEFOI USD 0.8 MILLION, SEK 7.4 MILLION
ORDERED TO REIMBURSE EUR 110,000 AND USD 1.8 MILLION IN LEGAL COSTS
TOTAL PAYMENT OBLIGATION ABOUT USD 9.6 MILLION, SEK 36.8 MILLION, EUR 110,000
Source text: ID:nMFN2NVpTW
Further company coverage: [MAXENTb.ST]
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