May 1 (Reuters) - Melbourne IT Ltd MLB.AX :
* Melbourne IT to acquire WME Group
* Acquisition of WME Group is expected to generate EPS accretion of 12% to 18%
* Expected positive impact of approximately $6.5 million to $7.5 million (before synergies) on FY17 underlying EBITDA
* Underwritten rights issue raising $30.7m and $9m of debt to fund acquisition
* Proposed acquisition of 100% of WME Group for approximately $39 million
* WME Group expected to accelerate MLB's growth in average revenue per user (ARPU) through enhanced cross sell and customer retention
* Deal to be funded by debt of about $9 million and a fully underwritten $30.7 million rights offer of 1 share for every existing 7 shares at issue price of $2.10 Source text for Eikon: Further company coverage: MLB.AX