September 12, 2017 / 6:59 AM / 3 months ago

BRIEF-Zetadisplay acquires Norwegian Livecube

Sept 12 (Reuters) - ZETADISPLAY:

* ACQUIRES NORWEGIAN LIVEQUBE AND BROADENS ITS RANGE OF STREAMED AND CUSTOMER-ADAPTED MUSIC

* ‍ACQUISITION OF LIVEQUBE IS TAKING PLACE THROUGH ACQUISITION BY ZETADISPLAY OF ALL OF SHARES IN LIVEQUBE

* ACQUISITION TO TAKE PLACE IN EXCHANGE FOR PAYMENT IN CASH OF MNOK 10.1 PLUS COMPENSATION FOR NET CASH ON ACCOUNT OF C MNOK 3.8​

* ‍ACQUISITION IS BEING FINANCED WITH LIQUID FUNDS AND LOANS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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