Reuters logo
BRIEF-Ackroo signs agreement to acquire assets of KESM Transaction Solutions and LoyalMark
November 15, 2017 / 2:17 PM / a month ago

BRIEF-Ackroo signs agreement to acquire assets of KESM Transaction Solutions and LoyalMark

Nov 15 (Reuters) - Ackroo Inc

* Ackroo signs definitive agreement to acquire the assets of KESM Transaction Solutions Inc and LoyalMark LLC

* Ackroo Inc - ‍under terms of acquisition, Ackroo will acquire LoyalMark software and hardware platform and all related customer contracts​

* Ackroo Inc - ‍in consideration for acquisition, company will issue 35.8 million common shares and will complete two cash payments totaling $200,000 to KESM​

* Ackroo Inc - ‍Ackroo will acquire loyalty rewards business operated by KESM and LoyalMark in Canada and US​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below