Play Magnus Group receives Chess.com offer
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Descrição
Play Magnus Group (PMG), that includes chess24, has received an offer from Chess.com that may see the two companies join forces. The offer values PMG at around $82.5 million and will take around two months to finalise, subject to shareholder approval and other closing conditions. Magnus Carlsen commented, “now we are entering a new era, and the combination of these two companies creates opportunities for the game of chess that no-one has imagined before”.
Result of the voluntary recommended offer by Chess Growthco LLC to acquire all shares of Play Magnus Group, extension of Long Stop Date
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