Gone are the days when the deal between 888 Holdings and the Bwin.party Digital Entertainment was a forgone conclusion. That's because GVC Holdings decided to up the ante for the second time in 10 days and put a $1.6 billion bid on the table.
According to Reuters this may be the last attempt from GVC to buy the bwin.party Group, as the company expects the negotiations to conclude "within the next 5 to 10 business days."
GVC's latest offer is 2.4 percent higher than the one presented in July, when the company offered nearly $1.