NOW THERE ARE TWO
22 February 2008
Number of Parlay bidders yo-yos (Update)
First it was a Chartwell Technology merger for online
software developer Parlay Entertainment which fell
through in the wake of the UIGEA, then more recently
Mark Blandford's PEIC Acquisitions was a Cdn$ 12.3
million suitor for the company but didn't complete by
the deadline, leaving the road open for further bids.
Then another "expression of interest" came in....and
then another!
But this week it was back to two interested parties as
PEIC Acquisitions pulled out of any deal, citing too
many delays on the Parlay side to make a decision on its
offer.
Back to two bidders, industry rumours are currently that
one could be UK betting giant Ladbrokes, but that
company is giving nothing away if it is, and may be
leary of Parlay's US business connections.
Parlay's future is becoming an interesting story
apparently developing in installments!
Online Casino News courtesy of
InfoPowa
More news here.
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