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Plus500 ShareHolders Vote on Playtech Offer
Thursday July 16,2015 : PLUS500 SHAREHOLDERS VOTE FOR PLAYTECH OFFER
Investors consider 400 pence per share a good offer.
Playtech plc has issued a statement regarding the progress of its attempt to acquire CFD financial spreadbetting firm Plus500, advising that at a general meeting of Plus500 shareholders Thursday there was strong support for its purchase offer of 400p per share.
The vote enables the deal to progress, and Playtech says it looks forward to integrating Plus500 into its growing Financials division, which was established with the acquisition of TradeFX.
Playtech CEO Mor Weizer said after the meeting:
"We are delighted to have secured the support of Plus500's shareholders. The combination of TradeFX and Plus500 will enable us to apply our market-leading products and services to the enlarged financial trading business as we continue to execute our growth strategy for the Group."
Playtech expects to issue a circular to its shareholders later this month convening a general meeting to seek approval for the acquisition of Plus500. A separate meeting will be held July 28 to consider the company's acquisition of Ava Trade Ltd
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
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Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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