Roth CH Acquisition V Co. And Slacker Announce Expiration Of Letter Of Intent
Portfolio Pulse from Benzinga Newsdesk
Roth CH Acquisition V Co. (ROCL) and Slacker, Inc., a subsidiary of LiveOne (LVO), have mutually agreed to terminate discussions regarding a potential acquisition of Slacker by ROCL. As a result, ROCL is now exploring opportunities with other potential merger candidates.
October 30, 2023 | 12:21 pm
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NEUTRAL IMPACT
Slacker, a subsidiary of LVO, has ended its acquisition talks with ROCL.
The termination of the acquisition talks with ROCL might have a neutral impact on LVO's stock in the short term as it doesn't directly affect LVO's current operations. However, it could have potential implications for future strategic plans.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
ROCL has ended its acquisition talks with Slacker, a subsidiary of LVO, and is now looking for other potential merger candidates.
The termination of the acquisition talks with Slacker might have a neutral impact on ROCL's stock in the short term as the company is actively looking for other merger opportunities. The market's reaction will depend on the potential of the new merger candidates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100