(2) DJ Media and Games Invest plc: Closing of the Acquisition of KingsIsle - KingsIsle Represents New Strike Zone Media and Games Invest plc: Closing of the Acquisition of KingsIsle - KingsIsle Represents New Strike Zone 08, February 2021 - Media and Games Invest plc (Frankfurt Stock Exchange: M8G), (Nasdaq First North Premier Growth Market: M8G) ( MGI or the Company ), has concluded the closing of the Share Purchase and Transfer Agreement with the owners of KingsIsle Entertainment Inc ( KingsIsle ) to acquire 100% of the shares of KingsIsle as planned. The transaction is adding the successful massive multiplayer games Wizard101 as well as Pirate101 to the MGI gaming portfolio, two games with very loyal user bases and long-term sustainable revenue streams.
DJ Media and Games Invest entered into an agreement to acquire U.S. game developer KingsIsle Entertainment Inc. for a consideration of up to USD 126 million plus earn-outs on a cash- and debt-free basis.
DJ Correction of the release from 16/01/2021, 00:26 CET/CEST - Media and Games Invest entered into an agreement to acquire KingsIsle Entertainment Inc. for USD 126m plus earn-outs. In this context, Oaktree