(ShareCast News) - Bwin.Party Digital Entertainment said that further to its takeover agreement with GVC Holdings last week, the company has terminated discussions with 888 Holdings. 888 Holdings had confirmed on 4 September that it was no longer in talks with Bwin. Last Friday, GVC revealed that i
Read more* New firm to be called Paddy Power Betfair * Betfair shareholders to get 0.4254 new shares in combined group * Paddy Power s'holders to get special dividend of 80 mln euros * Will be UK online betting market leader * Both firms recommend shareholders to back deal (Updat
Read more** Online gambling firm down c.9 pct, top loser on FTSE-250 midcap index. ** On Friday, Bwin clinched a 1.1 bln-stg cash and stock deal with GVC, creating a sports betting heavyweight in a sector being reshaped by consolidation. ** GVC's offer of 25 pence in cash and 0.231 new GVC sha
Read more* GVC wins Bwin battle with 1.1 billion-pound offer * 888 ends pursuit of Bwin, could become target itself * GVC sees annual cost savings of 125 mln euros (Adds comment in paragraph 12 from U.S. activist shareholder in Bwin) By Neil Maidment and Aastha Agnihotri LONDON,
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