TORONTO, ONTARIO — (Marketwired) — 11/28/14 — In response to trading activity that may stem from market rumours that have come to the company–s attention regarding a potential strategic acquisition, Intertain Group Limited (TSX: IT) (“Intertain”) stated today that strategic acquisitions have been and are one component of the company–s growth strategy and, as such, Intertain regularly evaluates potential acquisition opportunities. From time to time, this process leads to discussions with potential acquisition targets. There can be no assurance that any such discussions will ultimately lead to a transaction. As a general policy, Intertain does not publicly comment on potential acquisitions unless and until a binding legal agreement has been signed or material terms of the transaction have been settled and there are no material conditions to closing, such as financing. The company intends to make no further comment or release regarding current market rumours unless and until such comment is warranted.
About The Intertain Group Limited
Intertain is an online gaming company that provides entertainment to a global consumer base. Intertain currently offers casino, bingo and poker games to its customers using the InterCasino, InterPoker, Costa and other brands. The InterCasino and InterPoker gaming platform is supplied by Amaya Gaming Group Inc. and its bingo offering operates off of the Dragonfish platform, a leading bingo software service provided by 888 Holdings plc.
Disclaimer in Regards to Forward-Looking Statements
Certain statements included herein, including those that express management–s expectations or estimates of our future performance constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Additional information identifying risks and uncertainties is contained in Intertain–s filings with the Canadian securities regulators, available at .
Contacts:
The Intertain Group Limited
Rob Chalmers
647-402-7552
You must be logged in to post a comment Login