Party Gaming & bwin Merger Approved By Shareholders
Shareholders of Party Gaming and bwin Interactive Entertainment voted on Friday to approve the merger of their two companies, forming the largest online gaming business in the world. The new company will operate with its existing brands under the name bwin.party Digital Entertainment plc in which current bwin shareholders will hold a 51.6% stake, while current Party Gaming shareholders will hold 48.4%. The company’s change of name will be registered when and if the court order sanctioning the merger takes effect, which is anticipated to happen on March 31st.
Read more at >> Party Gaming & bwin Merger Approved By Shareholders
Sunday, January 30, 2011
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