Sportech's The Football Pools Acquisition Deal Fails (update)

Focus on maximizing opportunities continues

Sportech Plc's GBP 97.25 million acquisition discussions with Burlywood Capital LLC regarding the sale of The Football Pools have failed.
A statement from Sportech simply states Burlywood were unable to conclude the transaction set out in the proposal.
"The Football Pools is a valuable asset which has been transformed following a lengthy modernisation programme," Ian Penrose, chief executive of Sportech plc, commented. "We will continue to focus on maximising opportunities for the business."

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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