No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
WILL HILL AND GVC AGREE ACQUISITION PRICE ON SPORTINGBET
Tuesday October 16,2012 : WILL HILL AND GVC AGREE ACQUISITION PRICE ON SPORTINGBET (Update)
Increased proposal values each Sportingbet share at 61.1 pence per share
William Hill plc and GVC plc have upped their offer on the attempted acquisition of Sportingbet plc, finally finding acceptance with the Sportingbet board of directors.
In an announcement Tuesday morning, the companies confirmed it was third time lucky with an upwardly revised offer to acquire the entire issued and to be issued share capital of Sportingbet.
The increased proposal values each Sportingbet share at 61.1 pence per share, including the recently announced proposed final dividend of 1.1 pence per share, based on a closing middle-market GVC Holdings share price of 233.5 pence on 15 October 2012.
The Increased Proposal comprises 48.9 pence in cash, 1.1 pence dividend in cash and 0.0475 new GVC Holdings shares per Sportingbet share. The Increased Proposal implies a fully diluted equity valuation for Sportingbet of approximately GBP 530 million.
The revised proposal includes a ‘mix and match’ facility under which Sportingbet shareholders will have the opportunity to apply to receive proportionately more cash or more shares.
Subject to reaching agreement on the detail, the Board of Sportingbet has confirmed to William Hill and GVC Holdings that if such an offer were to be made, the Board of Sportingbet would unanimously recommend it to Sportingbet shareholders and has therefore agreed to work with William Hill and GVC Holdings to facilitate the making of a formal offer for Sportingbet.
In terms of stock market rules, William Hill and GVC Holdings were required, by not later than 5.00 p.m. on 16 October 2012, to either announce a firm intention to make an offer for Sportingbet or back off .
At the request of Sportingbet, the stock exchange authorities have consented to an extension of this deadline until 5.00 p.m. on 13 November 2012.
The companies caution that there is no certainty that at the end of this period, an offer for Sportingbet will be made, nor as to the terms of any such offer.
The making of any offer would be subject to a number of pre-conditions, including the satisfactory completion of due diligence and the recommendation of the Board of Sportingbet.
William Hill and GVC Holdings reserve the right to make an offer at a level of cash and / or exchange ratio on less favourable terms than set out in the Increased Proposal if:
(i) the Board of Sportingbet agrees and recommends any such change; or
(ii) a third party announces a firm intention to make an offer for Sportingbet.
A further announcement will be made as appropriate.
In related news, GVC plc announced that it has requested a temporary suspension of trading in its ordinary shares which will take effect from 7:30 a.m. Tuesday.
The announcement points out that the company is involved in the Sportingbet acquisition with William Hill plc, and that historic financial information in relation to the parts of the Sportingbet’s business which may be acquired by GVC has yet to be extracted from Sportingbet’s consolidated accounts.
"These discussions are at a preliminary stage and there can be no certainty that they will be concluded successfully. A further announcement will be made in due course," the GVC statement advised.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.