March 22, 2016 BY Maria Nikolova

Aborted acquisition of bwin.party leads to $14.6 million in costs for 888 Holdings

It is no secret that realm of mergers and acquisitions is harsh and risky, associated with high expenses in case things go wrong... A recent example is provided by 888 Holdings Public Limited Company (LON:888) which abandoned the bidding race for bwin.party in September last year, incurring some heavy exceptional costs associated with this move. According…

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