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BRIEF-Lingo Media signs LOI to merge with Schoold

March 23 Lingo Media Corp

* Lingo Media signs LOI to merge with Schoold

* Says parties are working towards finalizing a definitive agreement within next 30 to 60 days with respect to transaction

* Lingo Media Corp says transaction is anticipated to be a merger of equals in which shareholders of each party will acquire 50 percent of resulting entity Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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