Published on 9 Apr 2024 on NewMediaWire via Yahoo Finance
Golden Matrix Announces Completion of Acquisition of the MeridianBet Group
Acquisition Expands Golden Matrix's Global Footprint and Significantly Increases Revenues
LAS VEGAS, NV - (NewMediaWire) - April 09, 2024 - Golden Matrix Group Inc. (NASDAQ:GMGI)("Golden Matrix" or the "Company"), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced the closing of the previously announced acquisition agreement, pursuant to which Golden Matrix acquired ownership of the MeridianBet Group and its related companies, in a cash, debt and stock transaction. The acquisition was approved by Golden Matrix's Board of Directors and by the Company's shareholders at the special meeting held on March 19, 2024.