Who’s on First? Bwin Bidding War Ratchets Up as 888 and GVC Come Nose to Nose with Proposals

In the latest twist to the ongoing bwin.party acquisition saga, the UK’s Independent newspaper reported this weekend that bwin is due to recommend GVC’s takeover bid of $1.5 billion to its shareholders. Bwin.party seems to be sitting pretty right now. The company today posted an after-tax profit of €2.9 million ($3.2 million), a stark improvement […]

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