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MGT Capital Investments Inc (MGT)

  • Nov. 13, 2013, 4:09 PM
    • MGT Capital Investments (MGT +5.3%) acquires mobile casino game studio Avcom for 491K shares, good for a price tag of $1.48M as of today's close.
    • The deal includes a 330K share contingency subject to Avcom meeting revenue metrics in the next 18 months.
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Company Description
MGT Capital Investments Inc together with its subsidiaries is engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space and social casino.
Sector: Technology
Country: United States