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Old 08-24-2005, 10:56 AM
ipp147 ipp147 is offline
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Join Date: May 2004
Location: Croydon, England
Posts: 155
Default Re: NEWS: Pacific Poker parent to go public next week

[ QUOTE ]
Here's a follow-up with a bit more on rumor of 888 potentially trying to buy pokerstars.

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Once listed, the company would then probably try to take over PokerStars, the newspaper quoted the sources as saying.

"It would not surprise me at all if 888 was looking to buy PokerStars," the paper quoted one banker familiar with the situation as saying. "There is bound to be a lot of consolidation in the sector.

[/ QUOTE ]

Banker speak for,

This is a hot sector.
We are going to persuade them to try and take over another site.
We should make good fees from this.
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