IGT agrees to buy WagerWorks for about $90 mln

mary

Dormant account
After the Party Poker IPO, this is the biggest news of the year. I might win my Party Poker bet yet.

IGT agrees to buy WagerWorks for about $90 mln
Wed Jul 27, 2005 09:33 AM ET
NEW YORK, July 27 (Reuters) - International Game Technology on Wednesday said it has agreed to buy privately held WagerWorks, a provider of Internet gaming technology and services, for about $90 million in cash.
IGT said it expects the deal, which should close next month, to add up to 2 cents a share to its earnings in fiscal 2005 and 2006.
 
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