BSkyB to buy up 365 Media
BSkyB is reportedly in advanced talks with online casino and bookmakers, 365 Media over a possiable GBP94 million takeover, as the satellite broadcaster looks to broaden its portfolio.
BSkyB, which is 39.1 percent owned by News Corporation, parent company of The Times, is prepared to offer 68p a share which equates to a premium of just 4p to last night’s share price, but a 22.5 percent premium to the 55½p the stock was trading at when news of takeover approaches first emerged in October.
The 365 Media Group, which was used to be called ukbetting, operates other websites, including the Ritz Club Casino and football365, and reaches a population of over 9 million web users a month.
Click here for Casinos
Click here for Bookies
BSkyB, which is 39.1 percent owned by News Corporation, parent company of The Times, is prepared to offer 68p a share which equates to a premium of just 4p to last night’s share price, but a 22.5 percent premium to the 55½p the stock was trading at when news of takeover approaches first emerged in October.
The 365 Media Group, which was used to be called ukbetting, operates other websites, including the Ritz Club Casino and football365, and reaches a population of over 9 million web users a month.
Click here for Casinos
Click here for Bookies
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