MGT Capital Investments, Inc. (NYSE-MKT: MGT) Analyst Highlights on Company Direction
HARRISON, NY / ACCESSWIRE / January 27, 2016 / MGT Capital Investment, Inc. (MGT) through its subsidiaries, is engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space and social casino, recently announced third quarter financial results highlighting the sale of DraftDay to Viggle and Sportech. MGT Sports closed the sale of its daily fantasy sports business and received over $5.0 million of cash and securities in total consideration. Additionally, MGT entered into agreements with several accredited investors (led by Barry Honig, a private investor and specialist in corporate finance), providing $700,000 of equity capital.
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