QualityStocksNewsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Agrees to Acquire Majority Interest in Veloce Media Group
SEGG Media (NASDAQ: SEGG, LTRYW) announced it has agreed to binding terms to acquire at least a majority interest in Veloce Media Group, valuing Veloce at approximately $61 million (£45 million), with closing expected Feb. 17, 2026. The transaction, to be completed through a combination of cash and SEGG common shares priced at $10 per share, is projected to contribute more than $20 million in additional annual revenue beginning in the first quarter of 2026 and will provide SEGG with a controlling interest for consolidation purposes, as the company positions the acquisition as a foundational step in building a diversified…