Thursday, 21 February 2013

Sportingbet shareholders approve WilliamHill deal

two/21/2013 12:03:16 PM

On December twenty eighth, Sportsbook Assessment reported that Playtech squabbled over the deal, releasing the following assertion: “Below the conditions of the shareholders’ agreement relating to William Hill
On the web, William Hill is sure to conduct its distant gambling company
via the William Hill On the web organization, in which Playtech is a 29%
shareholder. Therefore, if the William Hill/GVC offer you is finished,
William Hill will be obliged to offer to market the remote gambling
pursuits of Sportingbet acquired by it to William Hill On the web inside
six months of completion of their acquisition, and Playtech has the
appropriate, in its complete discretion, to figure out whether or not William Hill
On the web proceeds with the acquisition of the Sportingbet pursuits.”

William Hill introduced a fiery statement shortly after: “Playtech have no rights to a organization that is not part of William Hill
On-line and as a result this has absolutely no influence on any valuation of
William Hill On the internet.”.

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

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Sportingbet shareholders approve WilliamHill deal

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