Winners acquires Moneyline Sports

* Winners (OTCPK:WNRS [https://seekingalpha.com/symbol/WNRS]) announced on Tuesday the company has acquired Moneyline Sports, a Nevada based sports technology company.
* Under the terms of the agreement, Moneyline Sports will become a wholly owned subsidiary of Winners and will continue to operate as an independent entity with its current management team remaining in place.
* The acquisition was structured as a sale and purchase between the two companies, in which Winners will receive 100% of Moneyline Sports issued and outstanding stock and its IP assets, and all shareholders of record for Moneyline Sports will receive an 85% ownership stake in Winners.
* The completed transaction will result in a restructuring of the board and management teams, said the company.
* The acquisition, integration and launch of Moneyline Sports applications is expected to be complete ahead of Winners' planned Super Bowl marketing campaign, which will promote the full range of Moneyline AI-driven products.
* Source: Press Release [https://seekingalpha.com/pr/20264847-winners-inc-announces-acquisition-of-sports-betting-technology-and-analytics-company]

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