Digital Extremes Targeted For Acquisition
JULY 8, 2014 • In a disclosure with the Hong Kong Stock Exchange, Sumpo Food Holdings Ltd. has outlined its intent to partner with Perfect Online Holding Ltd. to acquire Ontario, Canada-based developer Digital Extremes Ltd. The Chinese firms have entered into a non-binding term sheet with the studio under which Digital Extremes agrees not to seek other buyout offers for 40 days without permission while a due diligence investigation is undertaken. No financial te.....