The board of XLMedia has offered a final verdict and they have decided that they will not be selling their enterprise. They have decided to retain their independence as a single business unit. They announced this shortly after finishing a strategic corporate review. This announcement comes shortly after having issued a statement on January saying that they were in the process of undertaking a predetermined review of its businesses. They were to put very many factors together in order to maximize shareholder value.

London AIM noted that XMediaPlc would come up with a detailed review of all available options such as the possibility of acquiring or merging with another business. They were also considering raising money from a third-party investor or even selling the company. The firm which is an igaming and player acquisition company will have the privilege of having to retain the CanaccordGenuity services and Cenkos Securities as some of their financial advisers. However, all the plans made in January of merging or selling the company has been cancelled. London AIM-listed authority said that XLMedia needed to remain independent to enable it maximize value for the shareholders.

In 2015, the industry marketing expert was able to break the record when it posted an entire year EBITDA of $28 million. This was followed by the XLMedia governance announcing that they would consider merging or selling the company later in January 2016. Keeping the market informed, the governance of XLMedia acknowledged that it would keep on looking at possible chances of acquisition by another company. Christopher Bell who is the Chairman of XLMedia stated that after various consultations they decided to remain an independent company on AIM in order to maximize shareholders value and ensure the best for the company.

He also stated that his company was dedicated on ensuring that they maintain their leading market position. They were also looking forward to continue offering the best services to their customers as they continue attracting very prominent people to their industry.  He concluded by stating that their increased revenue and profits ensured they maintained that prominent position.