Brief: XpresSpa Divests Certain Key Non-Core Assets

Route1

08/03/2018 13:50

March 8 (Reuters) - Xpresspa Group Inc  XSPA.O :
    * XPRESSPA DIVESTS CERTAIN KEY NON-CORE ASSETS
    * XPRESSPA GROUP INC - ON MARCH 7 SIGNED A DEFINITIVE MERGER
AGREEMENT TO SELL GROUP MOBILE INTEREST'L LLC TO ROUTE 1, INC
    * XPRESSPA GROUP - TO SELL GROUP MOBILE IN EXCHANGE FOR
ROUTE1
COMMON STOCK AND WARRANTS WITH ESTIMATED PRELIMINARY VALUE OF
$1.0 MILLION

Source text for Eikon:  ID:nGNX194FNW 
Further company coverage:  XSPA.O 

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