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BRIEF-Catena Media acquires slotsia.com
February 10, 2017 / 6:22 AM / 7 months ago

BRIEF-Catena Media acquires slotsia.com

Feb 10 (Reuters) - Catena Media Plc:

* Acquires slotsia.com

* Purchase price amounts to upfront payment of 3,575,000 euros ($3.8 million) which is being paid as cash consideration in conjunction with transfer of assets

* Acquired assets are expected to generate sales of about 300.000 euros in Q1 of 2017

* Earn-out of maximum 5.0 million euros which is based on revenue performance over a period of two years Source text: bit.ly/2ksS49p

Further company coverage: ($1 = 0.9388 euros) (Gdynia Newsroom)

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