Webtoon Expands Global IP Business With Strategic Investment In RI Games Holdings
WBTN•Strategic investment in RI Games Holdings
Aug. 10 (Reuters) - Webtoon Entertainment Inc WBTN.O:
- WEBTOON EXPANDS GLOBAL IP BUSINESS WITH STRATEGIC INVESTMENT IN RI GAMES HOLDINGS INC.
- WEBTOON ENTERTAINMENT - TO BUY 60% MAJORITY STAKE IN RI GAMES HOLDINGS
- WEBTOON ENTERTAINMENT - TO BUY 60% OF RI GAMES HOLDINGS FOR $100 MILLION
- WEBTOON ENTERTAINMENT - AGREEMENT INCLUDES PERFORMANCE-BASED PROVISIONS FOR REMAINING 40% STAKE
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