Enteractive Media to go public via merger with Parsec Capital Acquisitions.

Enteractive Media, a gambling-focused media company, agreed to go public via merger with Parsec Capital Acquisitions, a special purpose acquisition corporation. Financial terms were not disclosed. "We are excited to have Enteractive for this business merger and look forward to consummating this transaction. We believe that, with the value proposition Enteractive brings to this transaction, it is well-positioned for substantial growth and sustainability. We view the transaction valuation as highly attractive to investors. We believe that through our merger, coupled with the management's background we have the potential to create significant value for shareholders," Patricia Trompeter, Parsec Chairperson and CEO.