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BRIEF-Green Growth Brands Terminates Bid For Moxie

Published 2019-12-18, 09:27 a/m
BRIEF-Green Growth Brands Terminates Bid For Moxie
GGB
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Dec 18 (Reuters) - Green Growth Brands Inc GGB.CD :

* GREEN GROWTH BRANDS TERMINATES BID FOR MOXIE TO FOCUS ON ADVANCING ITS RAPIDLY GROWING CBD & MSO BUSINESS

* GREEN GROWTH - CO & MXY HOLDINGS ANNOUNCED TERMINATION OF PROPOSED BUSINESS COMBINATION

* GREEN GROWTH BRANDS - TO REPAY ADVANCE OF US$5 MILLION BY JAN 31, 2020 AND TO REIMBURSE MOXIE US$4 MILLION IN DEAL FEES ON OR BEFORE JULY 1, 2020

* GREEN GROWTH BRANDS INC - NO BREAK FEE TO BE PAID IN CONNECTION WITH MXY HOLDINGS DEAL TERMINATION

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