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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports
Provider: Pechala's Reports

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Writers Group Film Corp Announces Execution Of Definitive Term Sheet For New Acquisition Of Amiga Games Inc.

Monday, 8 Jul 2013 06:00am EDT 

Writers Group Film Corp announced that it has signed a binding definitive term sheet for the acquisition of Amiga Games Inc. (AGI), a company which licenses classic video game libraries and re-publishes the most popular titles for smartphones, modern game consoles, PCs, and tablets. Leveraging the intellectual property of Amiga Inc., AGI builds on the "Amiga" brand and technology to create new revenue from publisher's dormant game libraries. AGI resurrects classic Amiga games and other classic titles, by giving them new life on gaming platforms: smartphones, PCs, consoles, and tablets. Older gamers can replay favorites from the past, while a new generation of gamers can experience these titles as fresh content. The Amiga Games Inc. transaction consists of the acquisition of 100% of the common stock in Amiga Games Inc. in exchange for Writers' Group common stock and cash valued at approximately $500,000. 

Company Quote

20 Jan 2015