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Electric Word - Largest acquisition to date

January 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ELE
  • Price:
  • 10p
The first business day into the new year has seen our other NAP for 2006, Electric Word, announce that it is buying SportBusiness Group (SBG), a specialist sports publisher, for up to £2.74m. It is paying £2.49m upfront (£1.5m in new shares plus £0.99m in convertible shares) with £0.25m based on future performance. SBG's titles are read by those involved in the business of sport and include: SportBusiness International magazine, the trade publication of international sports business with a worldwide readership of senior rights owners, broadcasters and intermediaries; the BritSport yearbook and directory and TV Sports Markets, a subscriber-only newsletter analysing and reporting on television sports ri ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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