EG7 Enters Into an Agreement to Acquire Big Blue Bubble
EG7 Enters Into an Agreement to Acquire Big Blue Bubble INSIDE INFORMATION: Enad Global 7 AB (publ) ("EG7"), has today entered into an agreement with the owners of Canadian game developer Big Blue Bubble Inc. (“Big Blue Bubble”) to acquire 100 percent of Big Blue Bubble (the “Transaction”) for a consideration of CAD 16 million, plus an additional consideration of up to CAD 60 million, on a cash- and debt- free basis paid in cash and in newly issued EG7 shares (the “Consideration”). Big Blue Bubble is a gaming industry mainstay that has released more than 100 titles; its own IP as well as