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24/7 Gaming cancels acquisition talks

17th February 2015 9:06 am GMT

UK-listed 24/7 Gaming Group has decided not to progress with its planned reverse takeover with an unnamed binary options provider, and will now be deemed an 'investing company' under AIM Rules.

The planned acquisition in the binary options sector was first announced by the company last September. While the target remains unknown, it trades under the authorisation and regulation of the Cyprus Securities and Exchange Commission.

In December, 24/7 Gaming’s directors initiated a restructuring of the group [...]

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