Brief: Media And Games Invest PLC Acquires Verve's Business Assets

Mgi Media and Games Invest Se

22/01/2020 23:56

Jan 22 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * DGAP-ADHOC: MEDIA AND GAMES INVEST PLC: ADVANCES ITS
MARKET
POSITION AND OFFERING IN PROGRAMMATIC MOBILE LOCATION-BASED
DISPLAY AND VIDEO ADVERTISING WITH THE ACQUISITION OF VERVE'S
BUSINESS ASSETS.
    * ACQUISITION IS EXPECTED TO GENERATE ADDITIONAL NET
REVENUES IN
LOWER DOUBLE-DIGIT MILLION RANGE IN CURRENT FISCAL YEAR
    * MEDIA AND GAMES INVEST- ITS SUBSIDIARY GAMIGO AG AGREED ON
ACQUIRING SUBSTANTIALLY ALL ASSETS OF VERVE WIRELESS INC
    * MANAGEMENT EXPECTS AN ADDITIONAL EBITDA IN LOW
SINGLE-DIGIT
MILLION RANGE FOR YEAR 2020

Source text for Eikon:  ID:nEQ59tXpla 
Further company coverage:  M8G.DE 

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