In December last year, one could read about merger speculations between bwin and PartyGaming in the british newspaper The Sunday Times. However, later on bwin denied that they were holding advanced talks with PartyGaming about a merge. Yesterday, almost 8 months later, PartyGaming announced that they have been negotiating with bwin for some time about a merge of the 2 companies.
Now, If everything goes according to plan and the shareholders agree to sell, PartyGaming will buy bwin for $1.76 billion and create the world's biggest publicly traded online gambling company.
Read more » PartyGaming, bwin merge to create the world's biggest online gaming company