Party/Empire Buyout

Ryan Z · #1 10-18-2005, 01:54 AM

I would post this in the Affiliate/Rakeback Forum, but I feel like that place is becoming a mad-house of rabid dogs searching for rakeback. So, here goes:

I saw this on a certain unmentionable website:

http://news.independent.co.uk/busine...icle319874.ece

Now I wasn't able to read the entire text of the article (as most won't) but I'm curious as to what consequences/results could come from Party buying Empire? Say for instance they do. They keep Empire as a skin, but do away with our preexisting unmentionable through Empire? This is my assumption. I'd like to see how others weigh in on this.

#2 10-18-2005, 01:57 AM

The link didn't work for me, but I assume it's an old article. There were rumors that Party would buy the skins, but they decided to detatch themselves from them.

XChamp · #3 10-18-2005, 01:58 AM

I could read it. It is current. Here is the text:

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PartyGaming urged to show its hand over bid
By Susie Mesure
Published: 15 October 2005

PartyGaming, the newly floated £6bn online gaming group, will face pressure this week to reveal whether it plans to spark an £800m-plus takeover battle with a rival offer for Empire Online, the internet poker operator.

Sportingbet, which operates the Paradise Poker.com site, will this morning confirm that it was the mystery suitor behind a £790m cash-and-shares approach to Empire on Friday.

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Sniper · #4 10-18-2005, 02:38 AM

Last months news... both Party and Sportingbet pulled their bids!

#5 10-18-2005, 02:55 AM

poor empire [img]/images/graemlins/frown.gif[/img]

vabogee · #6 10-18-2005, 02:56 AM

[ QUOTE ]
Last months news... both Party and Sportingbet pulled their bids!

[/ QUOTE ]

it's dated this weekend (and from the independent, a highly reputable source). this could be interesting...

Sniper · #7 10-18-2005, 02:59 AM

[ QUOTE ]
it's dated this weekend (and from the independent, a highly reputable source). this could be interesting...

[/ QUOTE ]

Read the article.. it states Sportingbet just revealed itself as the mystery bidder... that occurred the first week of Sept.

Nothing new here!!

vabogee · #8 10-18-2005, 03:10 AM

i did read it... it says they revealed this on friday. erroneous journalism? i'm gonna google this bitch right now.

Freudian · #9 10-18-2005, 04:51 AM

No way anyone will pay $800 million for Empire now.

vabogee · #10 10-18-2005, 04:56 AM

[ QUOTE ]
i did read it... it says they revealed this on friday. erroneous journalism? i'm gonna google this bitch right now.

[/ QUOTE ]

did some research and the reports are all over the map. i don't know what to believe...