Media Corp. May Acquire Gaming Media, Sunday Times Reports

Media Corp. Plc (MDC) is in talks over a so-called reverse takeover of Gaming Media Group valuing the combined business at 15 million pounds ($23.8 million), the Sunday Times said, without saying where it got the information.

Media Corp.’s deal with Gaming Media, which owns the Poker Channel television station, may be announced in the next few days, the newspaper reported.

Neither company would comment on the deal, the Sunday Times said.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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