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CrowdGather and Plaor finalise merger agreement

21st May 2014 8:24 am GMT

Forum network provider CrowdGather has finalised an agreement to merge with Mega Fame Casino operator Plaor, with the combined entity looking to become an established player in the social casino sector.

Under the terms of the deal, Plaor’s shareholders received 55,075,800 of common stock of CrowdGather, with the combined entity to have a total of 116,733,508 shares of issued and outstanding common stock.

Commenting on the merger, first announced earlier this month, CrowdGather chief executive and chairman […]

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