Lottery Signs MOU to Acquire CMF Media in $1M $3/sh Stock Deal

Lottery.com Enters Agreement to Acquire CMF Media in $1 Million Stock Deal

Lottery.com has announced that it has signed a memorandum of understanding (MOU) to acquire CMF Media in a deal valued at $1 million, with shares priced at $3 each. This strategic acquisition is aimed at enhancing Lottery.com’s offerings and expanding its market presence.

The partnership is expected to leverage CMF Media’s expertise and resources to drive growth and innovation within Lottery.com’s operations. As part of the agreement, both companies will work together to finalize the details of the acquisition, including integration plans and future business strategies.

This move signifies Lottery.com’s commitment to broadening its portfolio and improving its service capabilities in the competitive lottery and gaming industry. The deal is anticipated to open new avenues for growth, tapping into CMF Media’s established networks and customer base.

More details about the acquisition will be revealed as the two companies proceed with their negotiations and planning.