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bwin.party tells GVC to make best offer despite favouring 888 bid

27th August 2015 9:15 am GMT

The battle to acquire bwin.party digital entertainment could reach a conclusion as soon as next week, with the operator’s board asking GVC Holdings to clarify the best terms on which it is prepared to make a formal offer for the business.

Earlier this week GVC said that it was making progress in talks towards a formal bid for bwin.party, though it confirmed it would not raise its proposed 124 pence per share bid, despite [...]

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