Toys / Games
NEOWIZ Games Corp. to Acquire Korea-based Company
NEOWIZ Games Corp. announced that it will acquire 600,000 shares of a Korea-based technology company, for KRW 23,603,656,000, to restructuring group structure. The transaction will be settled on October 16, 2012. After the transaction, the Company will hold 800,000 shares, or 100% stake of the Korea-based company.
NEOWIZ Games Corp. to Merge with Neowiz Internet Corporation
NEOWIZ Games Corp. announced that it has signed a statutory merger agreement with Neowiz Internet Corporation, a Korea-based company engaged in the provision of online music services and distribution of digital music, to create synergy. The merger ratio of NEOWIZ Games and Neowiz Internet is 1 : 0.5842697 and 7,491,285 common shares will be issued with the merger. The merger effective date is January 1, 2013. After the merger, NEOWIZ Games will survive and Neowiz Internet will be dissolved.
Core Wafer Systems Finalizes Settlement With Sandia Technologies And Updates On Merger Into COREwafer Industries, Inc.
COREwafer Industries Inc announced that the acquisition of Core Wafer Systems, will soon be completed. Core Wafer Systems has reached a settlement agreement related to the intellectual property lawsuit with Sandia Technologies. Although Core Wafer Systems believes that it would have ultimately prevailed in the lawsuit, the Company has chosen to settle and not continue the litigation. This settlement puts to rest the ownership issues of the intellectual property arising from Core Wafer's purchase agreement of Sandia Technologies and gives Core Wafer Systems complete transfer of Sandia Technologies rights and ownership of all intellectual property in question. COREwafer Industries can now move quickly ahead with the filing of paperwork with state and regulatory bodies regarding its acquisition of Core Wafer Systems that were previously on hold, pending this settlement.
Varvtre AB Acquires Stake in Starbreeze AB Following Starbreeze's Acquisition of SLG Everscreen AB
Starbreeze AB announced that Varvtre AB has in relation to the recent private placement associated to the acquisition of OVERKILL Software increased its shareholding in Starbreeze from zero shares to 200 million shares. The shareholding representing approximately 14.5% of the Company's shares and votes. Starbreeze acquired OVERKILL Software through the acquisition of all shares of SLG Everscreen AB from Varvtre AB.
Guangdong Qunxing Toys Joint-Stock Co Ltd to Acquire Equity Shares
Guangdong Qunxing Toys Joint-Stock Co Ltd announced that it will acquire a 100% stake in a Shantou-based toy company from Chen Weihuang and Chen Zebin at RMB 51,250,400.
JAKKS Pacific Inc Says Oaktree Makes Fresh Bid For Talks-Reuters
Reuters reported that JAKKS Pacific Inc said private equity firm Oaktree Capital Management LP made a revised proposal for a confidentiality and standstill merger agreement on August 13, two months after talks collapsed. Jakks also said it was notified that Oaktree sold its entire stake in the toy company, but that the firm was making a final attempt to resolve the impasse in negotiations.
Bigben Interactive SA Updates on Squeeze Out Offer for ModeLabs Group SA Shares
Bigben Interactive SA announced that, following the closing on August 2, 2012 of the squeeze out offer to buy the ModeLabs Group SA (ModeLabs) shares at the price of EUR 5.00 per share, the Company holds 22,254,055 shares of ModeLabs corresponding to a 96.70% stake in its share capital. At the closing of the offer, there were 593,606 shares not tendered in the offer corresponding to a 2.58% stake in ModeLabs. In result, that these shares will be transferred to the Company on August 9, 2012 and their holders will receive compensation of EUR 5.00 per share.
JAKKS Pacific Inc. Announces Acquisition Of Maui Toys
JAKKS Pacific Inc. announced that it has acquired Ohio-based Maui, Inc. (Maui), a manufacturer and distributor of spring and summer activity toys, outdoor sports related toys, impulse toys including the Wave Hoop and Sky Ball products under the Maui Toys brand. JAKKS Pacific has acquired all of the shares of stock of Maui, a 24 year old, privately held company, and its Hong Kong based affiliate A.S. Design Limited. Financial terms were not disclosed.
Bigben Interactive SA Launches Squeeze Out Offer for ModeLabs Group SA Shares
Bigben Interactive SA announced that it has launched a squeeze out offer to buy the ModeLabs Group SA shares that it does not already own, representing a total of 1,135,818 shares (4.95% of the share capital), at a price of EUR 5.00 per share. The offer will be open for a duration of 10 days.
Digital Bros SpA's Subsidiary Game Media Networks Srl Acquires King.com Italia Srl
Digital Bros SpA announced that its subsidiary Game Media Networks Srl has acquired all of the shares of King.com Italia Srl. The transaction was made at EUR 1. The agreement signed with Midasplayer.com Ltd will produce economic effects on the Digital Bros Group from June 1, 2012. Midasplayer.com will be responsible for the all the debts and liabilities, including contingent liabilities, until June 1, 2012. King.com Italia Srl operates in Italy the internet website king.com specialized in skill games and other prize games under the AAMS regulatory framework.
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Analyst Research
| Report Title | Price |
|---|---|
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$69.00
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