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GAN Enters Definitive Merger Agreement With Sega Sammy Creation
GAN Limited, a leading North American real money iGaming technology provider and a prominent sports betting operator has entered a definitive Merger Agreement with Sega Sammy Creation, a game development subsidiary of the international gaming, entertainment and resort company Sega Sammy Holdings. As soon as the Merger Agreement takes effect, GAN shall receive $1.97 per share which represents a 121% premium over the closing price of the company’s shares on 7 November 2023.
Seamus McGill, Chairman and Interim Chief Executive Officer of GAN, reportedly commented: <…