May 18, 2015 | The Israeli-founded online gambling company 888 Holdings has placed a bid to purchase Bwin.Party Entertainment Holdings. Bwin has a larger market cap than 888, the former with a £800 million market cap and the later with a £600 million market cap, which leaves it up to Bwin’s shareholders to determine if they will sell their shares. Previously, Bwin merged with UK company PartyGaming in 2011. 888 Holdings was founded in 1997 by Avi and Aaron Shaked and Shay and Ron Ben-Yitzhak.
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