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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile

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Marimedia Ltd to Acquire Taptica Ltd

Thursday, 31 Jul 2014 02:02am EDT 

Marimedia Ltd:Says it has exercised its option to purchase the entire issued share capital of Taptica Ltd.Says acquisition for purchase price ranging between $11.6 mln and $15.6 mln.Says it shall pay the purchase price to Taptica's shareholders 50% in cash and 50% by the issue of Ordinary Shares of Marimedia calculated based on 153 pence per share.