StockMarketWire.com - NewRiver REIT said it was in discussions about a potential takeover of Hawthorn Leisure Holdings.

Responding to media speculation about a deal, the company said it had entered a a period of exclusivity with Hawthorn and its major shareholder regarding a potential transaction.

'There can be no certainty that a transaction will be concluded and a further announcement, as appropriate, will be made as soon as practicable,' NewRiver said.

Any deal would be funded from the company's existing resources, it added.




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