June 13 (Reuters) - Gateway Lifestyle Group (GTY) :
- RECEIVED A CONFIDENTIAL, INDICATIVE AND NON-BINDING PROPOSAL FROM HOMETOWN
- PROPOSAL TO ACQUIRE 100% OF ISSUED STAPLED SECURITIES OF GATEWAY LIFESTYLE AT AN INDICATIVE PRICE OF $2.10 PER SECURITY
- SECURITYHOLDERS NEED NOT TAKE ANY ACTION AT THIS POINT
- GATEWAY LIFESTYLE HAS NOT AGREED TO PROVIDE DUE DILIGENCE ACCESS AT THIS STAGE