bwin and PartyGaming to merge

[Lucky13]

Today, I received a news that bwin Interactive Entertainment AG ("bwin") and PartyGaming PLC ("PartyGaming") to merge and form a combined entity incorporated in Gibraltar and listed on the London Stock Exchange.

 

Merger implementation agreement signed by bwin and PartyGaming on 29 July 2010.

Combined entity to be owned approximately 48.4 % and 51.6 % by PartyGaming and bwin shareholders, respectively.

 

Norbert Teufelberger and Jim Ryan to be Co-CEOs of the combined entity and key management positions to be held by senior management individuals of both companies.

[casinoblisters]

these 2 companies are really fat

[bubbles79]

will this have any effect on us players

[gamerbud]

these 2 companies are really fat

 

then that makes them the fattest cow in gambling industry.

[seangamble]

good news.. hop they make better bonus now!