Brave Bison trading in-line, halts merger talks with Zinc Media
Source - SMW
Brave Bison Group said it has concluded that, following preliminary discussions, the merger approach from Zinc Media Group is not in the best interest of either Company.
Brave Bison also confirmed that it continues on its strategy to grow as an independent business moving from a third-party technology provider to a social video broadcaster, developing new intellectual property and reducing reliance on low margin legacy business.
Current trading is said to be in line with management and market expectations.
At 1:55pm: (LON:BBSN) Brave Bison Group Plc share price was 0p at 1.13p