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888 shares slump as Ladbrokes talks terminated

15th April 2011 7:28 am GMT

Following protracted discussions with online gaming operator 888 Holdings plc regarding a possible merger or acquisition, UK bookmaker Ladbrokes confirmed Friday that discussions between the two parties have now been terminated.

As a result of press speculation last December, Ladbrokes announced that it was eyeing up another approach for 888 following a breakdown of similar talks five years ago, with the company stating that it was in “very early preliminary discussions with 888”.

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