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 more than the deal, releasing the following statement: “Below the conditions of the shareholders’ arrangement relating to William Hill
Online, William Hill is certain to carry out its remote gambling company
by way of the William Hill On the web organization, in which Playtech is a 29%
shareholder. For that reason, if the William Hill/GVC provide is finished,
William Hill will be obliged to offer to sell the remote gambling
routines of Sportingbet acquired by it to William Hill On the web inside
6 months of completion of their acquisition, and Playtech has the
right, in its absolute discretion, to decide no matter whether William Hill
Online proceeds with the acquisition of the Sportingbet actions.”

William Hill launched a fiery assertion shortly after: “Playtech have no rights to a business that is not portion of William Hill
On the web and for that reason this has absolutely no impact on any valuation of
William Hill On the web.”.

Playtech has yet to publicly comment on the Sportingbet shareholder approval of the offer.

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Sportingbet shareholders approve WilliamHill deal

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