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Possible Acquisition of 888

Business, 2006-11-06, by TwoGun

Ladbrokes recently confirmed that is considering acquiring 888, one of the larger online gambling companies. 888 owns 888 Poker as well as Casino-on-Net.

The expected takeover price would be about £450m. The discussions are still at the very early stages. However, now that the focus is on a Ladbrokes takeover of 888, a merger between Party Gaming and 888 seems unlikely. This merger was widely discussed just over a week ago (see this news article for details).

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