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Potential Acquisition of Empire Online
, 2005-09-07, by TwoGun
Several of the large firms in the online gambling sphere are public companies, including Sportingbet and Empire Online. Both of these companies are listed on the London Stock Exchange and have similar market capitalizations.
Recently, Sportingbet made an offer to purchase Empire Online at 270p a share. Talks are still at a very early stage, and it is not clear if this merger will occur.
Sportingbet owns Paradise Poker, as well as a smaller poker platform, Sportingbet Poker. So if this deal goes through, it would mean four poker rooms would be under the same corporate umbrella.
More information can be found in this Globes Article.
Recently, Sportingbet made an offer to purchase Empire Online at 270p a share. Talks are still at a very early stage, and it is not clear if this merger will occur.
Sportingbet owns Paradise Poker, as well as a smaller poker platform, Sportingbet Poker. So if this deal goes through, it would mean four poker rooms would be under the same corporate umbrella.
More information can be found in this Globes Article.
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