|
Gaming VC Holdings
 September 3, 2008, 9:04 am (3 years ago)The European facing online gambling group Gaming VC Holdings has drawn a line under prolonged but ineffective conquest talks with a still anonymous suitor following more than four months of conciliation.
Gaming VC recommended the market this week that the party which made an opening offer for the company on April 17 has at present told Gaming VC that it doesn’t want to go on at this time.
The company balanced the unpleasant news with the good information that it keeps on trading corresponding to market anticipations prior to its September 18 release date for the newest outcomes.
Audley Capital Management Ltd., which at present has 29.3 % of Gaming VC has asked for board representation and this is being regarded by the board of managers. Audley has highlighted that it has no present plans to organize of its stake in the company.
The board is going to consider as well a share buy-back program in appropriate course.
Gaming VC manages the Casino Club, Betaland, Poker Kings, Winzingo and Casino Club Poker online gambling sites.
Tags: Gaming, VC, Holdings, has, drawn, a, line, under, prolonged, but, ineffective, conquest, talksAutomatic Translation
|
Comments (0)
