Deloitte Corporate Finance has been appointed as financial adviser to assist CryptoLogic with a strategic review of the company following close of business on March 24.
The review will consider a number of options, including a disposal of part of the business or the possibility of an offer being made for the company, although it has been stressed that there can be no certainty that any offer will be forthcoming.
According to a report in the Daily Mail on Saturday, there is expected to be a long queue of buyers for the company now that the ‘For Sale’ sign has been hoisted above its headquarters in Dublin, Ireland.
