Articles About bad business deals

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Playtech-Plus500 Merger Deal Terminated

Katrina P. November 24, 2015 10:51:55

The planned Playtech-Plus500 merger deal has been terminated after the two online gambling companies mutually decided that they’d be unable to satisfy FCA concerns. In UK gambling news, both Playtech and Plus500 have pulled out of the longstanding proposed Playtech-Plus500 merger. This shocking development follows Playtech’s statement from last week, in which the online gambling […]

Shareholder Says Proposed Ladbrokes-Coral Merger a Bad Deal

Katrina P. November 19, 2015 12:19:44

Irish billionaire and Ladbrokes shareholder Dermot Desmond is accusing the Ladbrokes-Coral merger of being a bad deal. In UK gambling news, Desmond is attacking the top management of Ladbrokes over the proposed Ladbrokes-Coral merger deal. Desmond—who sold his betting exchange Betdaq to Ladbrokes for £30 million in 2013 and who has been a company shareholder […]