Bwin receives revised offer from 888
Reuters
Published Sep 01, 2015 07:28
Bwin receives revised offer from 888
(Reuters) - Online gambling firm Bwin.party Digital Entertainment Plc (L:BPTY) said it had received a revised offer from 888 Holdings Plc (L:888) and was evaluating it together with the proposal received from GVC Holdings Plc (L:GVC).
Bwin had earlier accepted 888 Holdings's 900 million-pound offer, saying GVC's offer of 1.03 billion pounds ($1.59 billion) was too complex and the growth prospects were less attractive.
The company, however, invited GVC to present its best formal offer last week.
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Written By: Reuters
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