UKBetting offers £10m for Teamtalk

And Teamtalk says 'no'...

By Jon Bernstein, 14 May 2002 08:32

NEWS Online gambling company UKbetting, which already boasts Sportal, Sportinglife and Sportscard among its conquests, is hoping to add Teamtalk to the list following a £10m hostile bid. The board of Teamtalk, the sports radio, internet and telephony group, has advised shareholders to reject the move. At the heart of UKbetting's spending spree is a need for the company to increase its reach. It will hope to convert Teamtalk's customer base to the joys of online betting.

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