Posts Tagged ‘mandalay media’

WPTE approves PartyGaming deal, dismisses higher offer from Mandalay Media

by , Nov 2, 2009 | 7:00 am

From a Form 8-K filed early Monday morning:


WPT Enterprises Recieves a Last Minute Offer

$36.5m proposal from Entertainment Company

by , Oct 29, 2009 | 5:39 pm

With a scheduled vote for tomorrow from Peerless Media from their offer for the World Poker tour, comes word of a proposal from Mandalay Media on Tuesday, offering $35 million or $1.69 per share for the company. Mandalay Media is requesting a postponement of the shareholder vote to meet with the board of WPTE to further discuss the offer. More details from this article over at Reuters.

(Hat tip goes to Wicked Chops Poker for the story)

UPDATE: Mandalay’s offer increased to $36.5m Friday morning.