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 […]
The post Who’s on First? Bwin Bidding War Ratchets Up as 888 and GVC Come Nose to Nose with Proposals appeared first on .