New management for eRepublik Labs

Day 3,479, 05:15 • Published in Greece Greece • by Jimkats1

Hello everyone

One thing: eRepublik Labs have been sold

You can read more by going here and clicking at Stillfront Group AB: Stillfront Acquires eRepublik Labs



Or direct link of the announcement.

We are awaiting for an announcement by Plato and his team aswell.

The announcement is too big to fit it here, so just go and check it out.

In short, for 7.5 Million euros.
The announcement was published today on 30th May 2017.

Quotes:
Stillfront Group AB (publ) ("Stillfront") today announces its acquisition of 100% of the shares in eRepublik Labs. Limited ("eRepublik" or the "Company") from Alexis Bonte, Gergat Trading Limited (owned by Alain Bonte), funds managed by IDinvest Partners SA (the "Majority Shareholders") and a number of minority shareholders (the "Minority Shareholders").
.....
Upon completion of the acquisition, EUR 7,500,000 will be paid to the Sellers, of which EUR 4,050,000 is payable in cash and the remaining EUR 3,450,000 is payable in 441,233 newly issued shares in Stillfront.

Now we wait to see what changes are gonna come and hope make eRepublik great again.