LONDON — The online gambling company GVC Holdings said on Thursday that it had offered to acquire Bwin.Party Digital Entertainment in a deal that values its rival at more than 900 million pounds, or about $1.4 billion.
The bid comes just a little over two years after GVC joined forces with William Hill to acquire Sportingbet, another online gambling company.
Under the offer, GVC Holdings, based on the Isle of Man, would pay 110 pence a share in cash and shares for Bwin.Party, representing an 11 percent premium to its closing price on Wednesday.
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