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World Poker Tour is being acquired by British PartyGaming

August 25, 2009 - 8:13am | News | Other themes
World Poker Tour is being acquired by British PartyGaming

PartyGaming Plc, British online gaming group, announced today that it agreed to acquire US company WPT Enterprises Inc, known as World Poker Tour, for $12.3 million in cash. The deal is to be completed in the fourth quarter of 2009.

PartyGaming also intends to pay a minimum of $3 million over the next three years to World Poker Tour's vendors on an ongoing revenue share related to the assets bought. 
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acquisition | PartyGaming | share | UK | US | World Poker Tour
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