Digislide calls off ALTV acquisition

Digislide calls off ALTV acquisition

Digislide Holdings (ASX:DGI) has called off plans to acquire IPTV operator Australia Live TV (ALTV).

The company said that during due diligence, “various matters” arose which caused the board to call off the acquisition in “the best interest of shareholders.”

The agreement has accordingly been terminated in accordance with its own terms.

The company plans to make a consequential announcement following a board meeting on Friday.

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Tags IPTVdigislideALTVMergers and acquisitions

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