i3 Enters into Agreement to acquire Majority of LivePools
Share: i3 Interactive" or the " Company") (CSE:BETS) (FRA: F0O3) is pleased to announce it has entered into an agreement with LivePools Private Limited (" LivePools"), whereby the Company shall acquire 51% of shareholdings (the " Majority Interest") in LivePools for an aggregate of USD $7,500,000. The Company shall acquire the Majority Interest over the course of four (4) tranches. Under the terms of the LivePools Agreement, the Company has the option to acquire the remaining 49% of shareholdings in LivePools (the " Minority Interest") for USD $7,500,000. The Company has the right to exercise...
Source: benzinga.com