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Funcom Looking for Investment, Acquisition or Merger

Posted Aug 10, 2015 by Suzie Ford

Funcom Looking for Investment, Acquisition or Merger

In a brief statement on the Funcom Investor Relations page, it is revealed that the company is seeking "investment, acquisition, merger or other available options" as it seems to be struggling to maintain financial viability.

Following the completion and launch of the LEGO Minifigures Online game, and based on the situation described in the stock notice from Funcom issued on 23 July this year, Funcom N.V. (hereafter the “Company”) has retained ABG Sundal Collier to undertake a broad review of the strategic options available to the Company. The Company is actively seeking interested parties for discussions surrounding a possible investment, acquisition, merger, or any other available options.

Funcom will update the market about the outcome of the review and potential other developments in due course.

Any enquiries may be addressed to investor@funcom.com

We have reached out to Funcom representatives regarding this announcement and will keep you posted.

Thanks anonymous tipster!

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Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom

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