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GAN Agrees To Be Acquired By Sega Sammy Creation For $1.97/Share In Cash

Author: Benzinga Newsdesk | November 08, 2023 03:39am

Under the Merger Agreement, at the effective time of the merger, each of GAN's issued ordinary shares will be converted into the right to receive in cash $1.97 per share, which reflects a premium of 121% over the closing price of GAN's ordinary shares on November 7, 2023, the last trading day prior to the date of this announcement.
If the merger is approved by GAN's shareholders and is completed, all outstanding GAN ordinary shares will be acquired for $1.97 per share in cash.

Posted In: GAN