GAN Agrees To Be Acquired By Sega Sammy Creation For $1.97/Share In Cash
Portfolio Pulse from Benzinga Newsdesk
GAN has agreed to be acquired by Sega Sammy Creation for $1.97 per share in cash, reflecting a 121% premium over the closing price of GAN's ordinary shares on November 7, 2023. The merger is subject to approval by GAN's shareholders.
November 08, 2023 | 7:39 am
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GAN's shares will be acquired for $1.97 per share in cash, a 121% premium over its closing price on November 7, 2023. The deal is subject to shareholder approval.
The acquisition of GAN by Sega Sammy Creation at a significant premium is likely to have a positive impact on GAN's share price in the short term. However, the deal is still subject to approval by GAN's shareholders, which introduces some uncertainty.
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