FinancialBuzz.com’s latest Show: Featuring Our Corporate News Recap on “FansUnite to Acquire Askott Entertainment.”
FansUnite Entertainment Inc. (OTC: FUNFF) (CSE: FANS) and Askott Entertainment Inc., have entered into a definitive amalgamation agreement on June 22, 2020 to create one of Canada’s leading online gaming companies, focused on sports betting, esports wagering and casino games. Under the terms of the Agreement, FansUnite will acquire all of the outstanding securities of Askott by way of a three-cornered amalgamation (the “Transaction”) pursuant to which Askott and a newly incorporated subsidiary of FansUnite will amalgamate under the Business Corporations Act (British Columbia) and continue as one corporation.
FansUnite is a sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. The