Source - SMW
Electric Word's board has agreed an offer from Sport Business Acquisitions - a newly-incorporated company, owned and controlled by Riccardo Silva and Marco Auletta.

The 3.93p per share offer represents a premium of around  16.3% to last night's closing price and values the company at  £16.58m.

At 8:03am: (LON:ELE) Electric Word PLC share price was +0.5p at 3.88p