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BRIEF-Innova Gaming Group Inc's special committee launches strategic review process

Published 2017-03-31, 12:53 p/m
© Reuters.  BRIEF-Innova Gaming Group Inc's special committee launches strategic review process
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March 31 (Reuters) - Innova Gaming Group Inc IGG.TO

* Innova's special committee launches strategic review process

* Innova gaming group inc says special committee is comprised of paul van eyk and edward stanek, each an independent director of company

* Has engaged in discussions with Pollard Banknote, both directly and indirectly through their respective financial advisors

* Special committee has invited Pollard Banknote to participate in strategic review process

* Innova Gaming Group Inc says "special committee has determined that it is in best interests of innova to proceed with strategic review process"

* special committee determined that pollard banknote was not prepared to improve its proposal sufficiently for committee to recommend deal

* strategic alternative transactions including soliciting expressions of interest regarding acquisition of all of common shares of company Source text for Eikon: ID:nCNWg2zrja Further company coverage: IGG.TO

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