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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
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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