Business and regulatory reporting on Galaxy Gaming.
Business and regulatory reporting. Dates show when reports were published; they do not establish when a change took effect or whether a relationship continues.
The report said that Evolution ended its planned $85m purchase of Galaxy Gaming after outstanding gaming approvals were not secured by the agreement’s deadline. Evolution will pay a termination fee exceeding $5m.
Also in this report: Evolution
The report said that Evolution ended its planned $85m purchase of Galaxy Gaming after outstanding gaming approvals were not secured by the agreement’s deadline. Evolution will pay a termination fee exceeding $5m.
Also in this report: Evolution
The report said that Galaxy Gaming’s board authorised repurchases of up to $4m in common shares after its Evolution merger ended. Evolution acknowledged a $5.2m termination payment obligation to Galaxy.
Also in this report: Evolution
Evolution said its planned merger with Galaxy Gaming would no longer proceed. The agreement ended after its official deadline expired.
Also in this report: Evolution
The report said that Evolution gave notice ending its Galaxy Gaming merger agreement. Evolution agreed to a $5.2m termination fee.
Also in this report: Evolution
The report said that Black Cube cited Evolution’s UKGC settlement and failed Galaxy Gaming acquisition as support for its case against Evolution. The intelligence agency made the argument in a filing dated 3 August.
Also in this report: Evolution · Black Cube · UKGC
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The filing brings Evolution’s regulatory settlement and abandoned acquisition into the dispute.
The acquisition will not proceed and Evolution must pay Galaxy Gaming a termination fee.
The authorisation permits Galaxy Gaming to repurchase shares following the cancelled merger.
The termination removes the planned combination of Evolution and Galaxy Gaming.
The termination ends the planned merger and creates a fee obligation.
The merger ends while the companies’ existing commercial relationship continues.
The cancelled purchase leaves Galaxy Gaming due a termination payment from Evolution.
The termination ends Evolution’s planned acquisition of Galaxy Gaming.
The proposed merger remains unresolved while Galaxy evaluates an extension or termination.
The transaction faces possible termination as its agreed closing period expires.
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