Cherry Wraps Up Game Lounge Acquisition (update)
By Casinomeister, Last updated Dec 24, 2020
Settles final deferred payment
Cherry has completed its full deferred payment regarding its acquisition of Game Lounge Ltd.
The final deferred payment of Euro 2.0 million for 51 percent of the shares in Game Lounge Ltd was paid with Euro 1.2 million in cash and 62,500 series B shares in Cherry AB (publ).
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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