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Global Gaming Network to merge with Innovativ Media Group

5th June 2015 6:38 am GMT

B2B fantasy sports provider Global Gaming Network has signed a letter of intent with digital entertainment producer Innovativ Media Group relating to a reverse takeover transaction.

The deal will see Global Gaming Network acquire all issued and outstanding securities of Innovative in exchange for common shares in the business.

The two companies now have thirty days to finalise the reverse merger transaction, beginning from June 1st.

Innovativ is a Los Angeles-based producer and distributor of digital entertainment that [...]

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