888 Holdings have announced the possible acquisition of bwin.party in a statement released on the 18th May. A proposal has been sent to bwin.party with an offer that would benefit both companies including the shareholders.

888 Holdings would then takeover the entire bwin.party and it’s shareholders will receive either cash or shares in 888 Holdings in compensation.

A merger of the two companies would secure the 2nd place position of 888poker and add at least a thousand cash game players to their daily poker traffic.

bwin.party have received the proposal and issued a statement that they are currently reviewing the proposal and an announcement will be released soon.

888 Holdings announce bwin.party merger