Metrodome’s trading on AIM has been restored now, following a suspension of trading over reports that Metrodome was eyeing a possible acquisition of Target Entertainment Group.
That deal had been rumoured in the press in late June, but Metrodome now said in a statement: “The Company confirms that negotiations have now been terminated as the parties could not agree mutually satisfactory commercial terms with the various stakeholders of Target.”
Metrodome added: “The Board will continue to look at other possible acquisitions and opportunities which will secure greater long term value for shareholders and any updates will be released in due course.”
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