Its share prices fell to its lowest price since March

Inspired Gaming takeover talks ongoing

2007-12-14
Reading time 20 seg

The UK-based amusement and gambling machine maker made the statement to assuage market concerns, which had seen its share prices fall to its lowest price since March.

Despite a brief rally on receipt of the news, shares remained 17 per cent down at the close of trading yesterday.

Inspired Gaming announced in September it had received an indicative offer, which valued the company at us$ 548 million from an unnamed financial institution. The statement concluded, saying that further announcements would be made as and when appropriate.

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