GameSquare Announces Definitive Contribution Agreement To Acquire FanEngine Holdings Assets For About $15.9M In Stock Plus Earnouts, Giving FanEngine Holders About 30% Of Equity; Guides FY2027 Revenue Over $150M, Adjusted EBITDA Over $30M
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Why It Matters
GameSquare is buying FanEngine's business for about $16 million in stock and promises to pay more if things go well. The company thinks it will make over $150 million next year, which would be much bigger than before.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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