logo
Share SHARE
FONT-SIZE Plus   Neg

Shuffle Master Withdraws From Ongame Purchase - Quick Facts

bwin.party digital entertainment plc (BPTY.L) said that the company and Shuffle Master (SHFL: Quote) have mutually agreed not to proceed with the proposed transaction. This decision is further to the announcement on March 6, 2012 regarding the proposed sale of the group's Ongame poker network to Shuffle Master.

The sale of surplus assets, including Ongame, remains a core part of bwin.party's strategy.

bwin.party is re-engaging with other third parties that have expressed an interest in acquiring Ongame. bwin.party will make a further announcement as and when appropriate.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Verizon Communications' FiOS TV service has modified its programming bundles and will now offer new packages so that users can subscribe only for channels they prefer to watch. Instagram, the photo sharing app owned by Facebook, has updated its community guidelines to disallow nudity and harassment in uploaded photos and pictures, as well as cyber bullying. Lorillard Inc (LO) on Friday reported a better-than-expected increase in first-quarter profit, driven by higher for cigarettes, including its flagship brand Newport, partly offset by weak demand for electronic cigarettes. CEO Murray Kessler said increased unit volumes, robust pricing realization and...
comments powered by Disqus
Follow RTT