PartyGaming, BWIN in Merger Talks

Written by:
Guest
Published on:
Dec/13/2009

LONDON (Reuters) - Online gaming firm PartyGaming (PRTY.L) is in merger talks with Austrian rival bwin Interactive Entertainment (BWIN.VI) in a deal that could create an internet gambling giant, according to the Sunday Times.

The report said the two sides have been holding on-off talks since the summer about combining to create a group worth 2 billion pounds ($3.30 billion).

PartyGaming is expected to be asked by the Britain's Takeover Panel to clarify the position before the market opens on Monday, the report added.

"We don't comment on rumor and speculation," a PartyGaming spokesman told Reuters on Sunday.

Bwin was not immediately available for comment.

 

 

 

 

 

Business/Financial News

PricePerPlayer Puts More Dollars in Your Pocket as a Bookie

The primary reason that someone goes into business is to make a profit selling a product or service. The main reason why so many people fail at accomplishing this goal is the lack of having the proper business tools to turn their dream into a reality. 

'Bitcoin Jesus' Fights Extradition Back to US

“They don’t like me, and they don’t like my political views, and they just came at me every which way,” Ver told Bloomberg News in an exclusive interview in late October.

Syndicate

Subscribe to Syndicate
More