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Media Corp eyes acquisitions as Hippodrome JV delayed

12th April 2012 8:15 am GMT

Shares in Media Corp plc gained more than 5 per cent in London this morning after the company confirmed that it is in the process of realising a synergistic acquisition in the online gaming sector which may constitute a reverse takeover under stock market rules.

In a trading update to the London Stock Exchange yesterday, Media Corp said that it is “in the process of considering a couple of acquisitions which, if one or other were [...]

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