(Reuters) – Online gambling firm 888 said it would buy peer Bwin.party Digital Entertainment in a cash and stock deal valued at about 898 million pounds ($1.40 billion).
The offer of 104.09 pence per share is at a 1.2 percent premium to Bwin.party’s close on Thursday and consists of 39.45 pence in cash and 0.404 new 888 shares for each Bwin.party share.
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