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Empire Global engages Merriman Capital as capital markets adviser and placement agent

24 Sep 2015

(PRESS RELEASE) -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc., and Empire Global Corp. are pleased to announce that Merriman has been engaged to act as capital market advisor and placement agent to assist Empire in its evaluation and financing of acquisitions of licensed on-line and off-line gaming companies.

Empire, a publicly traded company that provides legal and regulated online and offline gaming and wagering to its customers throughout Italy, has recently announced a number of business developments and potential acquisitions in Italy and other jurisdictions where Merriman's resources will significantly assist and guide the Company through due diligence, valuations, financing options, and other functions. Merriman's Capital Market Advisory Group is working with Empire to drive successful capital market interactions. Merriman's advisory clients benefit from traditional brokerage services, as well as support from Merriman's corporate finance, communications, investor relations, and strategic resources.

"The engagement of Merriman signals confidence in Empire's business plan and will create long-term value for our shareholders," stated Michele Ciavarella, Chairman and CEO of Empire Global Corp. "We are very pleased to have engaged Merriman, a leading full service investment bank with a strong record of success and experience in the gaming space, to provide us with advice and guidance through the evaluation of several potential acquisitions."
 
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