March 23, 2018 / 1:58 PM / a month ago

BRIEF-Long Blockchain Announces Minority Investment in TSLC

March 23 (Reuters) - Long Blockchain Corp:

* LONG BLOCKCHAIN CORP. ANNOUNCES MINORITY INVESTMENT IN TSLC, A SINGAPORE-BASED FINANCIAL TECHNOLOGY COMPANY WITH A STRATEGIC OWNERSHIP POSITION IN CASHE

* LONG BLOCKCHAIN - PURSUANT TO DEAL, CO WILL ACQUIRE 7.0% OF TSLC IN EXCHANGE FOR 17.0% OF COMPANY’S CURRENTLY OUTSTANDING SHARES OF COMMON STOCK

* LONG BLOCKCHAIN CORP - CASHE WILL RECEIVE RIGHT TO APPOINT A DIRECTOR TO COMPANY’S BOARD OF DIRECTORS 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