Announced
Financials
Tags
Single Bidder
Majority
Cross Border
Friendly
Acquisition
Casinos and Gambling
Pending
Canada
Merger
Private
gambling
Demerger
Synopsis
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.
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