Minden Gross LLP congratulates Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX, TSX: EGLX) on its previously-announced acquisition of Vedatis SAS ("Vedatis"), which owns Icy Veins. The deal closed for €7 million in cash and stock, in addition to an earn-out, subject to certain conditions. Icy Veins is an independent Activision Blizzard fan community that generates over 3 billion lifetime views of content. Enthusiast Gaming is creating the largest media platform for video game and esports fans to connect and engage worldwide.
Minden Gross LLP acted as Enthusiast's legal advisors, with a team led by Yosef Adler, with David Judson and Ryan Ghuman – Business Law.
Read the press release here:
https://www.globenewswire.com/news-release/2021/05/10/2226120/0/en/Enthusiast-Gaming-Closes-Acquisition-of-Icy-Veins.html