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Media Corp confirms GMG reverse takeover talks

16th April 2012 12:11 pm GMT

AIM-listed Media Corp plc confirmed Monday that the company is in advanced discussions to acquire Gaming Media Group Limited, owner of The Poker Channel and online brands including PokerHeaven and BingoJoy.com, under a reverse takeover.

In a statement to the London Stock Exchange this morning, the Media Corp’s directors confirmed that they are in advanced discussions with Gaming Media Group (GMG) with a view to acquiring the company under a reverse takeover.

The reverse takeover would allow [...]

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