GAN Limited (GAN) Misses Q3 EPS by 16c; Offers FY20 Revenue Outlook
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GAN Limited (GAN) to Acquire Coolbet
November 16, 2020 4:00 PM ESTGAN Limited (the Company or GAN) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced that it has signed a definitive purchase agreement to acquire Vincent Group p.l.c. (Coolbet) for a total consideration of approximately 149 million (subject to adjustment as provided in the Share Exchange Agreement). The acquisition is expected to close in the first quarter of 2021, subject to regulatory review and the satisfaction of certain closing conditions. GAN expects to fund the acquisition with new capital. Coolbet is an award-winning, Business-to-Consumer (B2C)... More
