Sportingbet shareholders approve WilliamHill deal

2/21/2013 12:03:16 PM –

On December 28th, Sportsbook Overview described that Playtech squabbled above the offer, releasing the following statement: “Under the phrases of the shareholders’ settlement relating to William Hill
On the internet, William Hill is bound to carry out its distant gambling organization
by means of the William Hill On the web company, in which Playtech is a 29%
shareholder. Therefore, if the William Hill/GVC offer you is completed,
William Hill will be obliged to offer you to offer the distant gambling
pursuits of Sportingbet acquired by it to William Hill On-line in
six months of completion of their acquisition, and Playtech has the
correct, in its absolute discretion, to decide whether or not William Hill
On-line proceeds with the acquisition of the Sportingbet activities.”

William Hill released a fiery assertion soon following: “Playtech have no legal rights to a organization that is not component of William Hill
On the internet and for that reason this has absolutely no influence on any valuation of
William Hill On the web.”.

Playtech has yet to publicly comment on the Sportingbet shareholder acceptance of the deal.

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Sportingbet shareholders approve WilliamHill deal