Deals
Bwin.Party Gets New Bid Proposal From 888 in Takeover Contest
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Bwin.party Digital Entertainment Plc said it got a revised takeover proposal from 888 Holdings Plc, the latest twist in a bidding contest for the online gaming company.
The new proposal -- details of which were not disclosed -- is subject to a number of pre-conditions, Gibraltar-based Bwin.party said in a statement Tuesday. It has already accepted a cash-and-share offer from 888, and since then has received higher bids from GVC Holdings Plc.