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Friday June 1, 2012 : PERFORM GETS GO AHEAD FOR RUNNINGBALL ACQUISITION
Firm backing from shareholders
Digital sports provider Perform Group Plc has crossed another hurdle in its bid to acquire RunningBall AG by winning its shareholders support of the up to GBP 120 million deal.
Commenting on the acquisition, Oli Slipper, Joint-CEO, said: "We are delighted to have received such firm backing from our shareholders. We have always felt that the commercial logic of joining our two businesses was clear, and benefits everyone associated with both Perform and Runningball. With these two businesses together, there are some really fantastic opportunities ahead".