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BRIEF-Enthusiast Gaming To Acquire Icy Veins

· 03/17/2021 07:41
BRIEF-Enthusiast Gaming To Acquire Icy Veins

- Enthusiast Gaming Holdings Inc EGLX.TO:

  • ENTHUSIAST GAMING TO ACQUIRE ICY VEINS, EXPANDING ITS OWNED AND OPERATED PLATFORM

  • ENTHUSIAST GAMING HOLDINGS INC - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE WITH FURTHER REVENUE AND MARGIN EXPANSION OPPORTUNITY

  • ENTHUSIAST GAMING - DEAL FOR FOR EUR 7 MILLION (APPROXIMATELY US$8.3 MILLION) IN CASH AND STOCK, PLUS AN EARNOUT SUBJECT TO CERTAIN MILESTONES BEING ACHIEVED

Source text for Eikon: ID:nGNXbBkcDQ

Further company coverage: EGLX.TO


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