Lanir Grows Boosts Empire Interest
Published: Thursday, November 09, 2006 Online-Casinos.com
LANIR GROWS BOOSTS EMPIRE INTEREST
Israeli marketing entrepreneur buys a bigger share
Empire Online chief executive Noam Lanir illustrated his confidence in the future of the company this week when he acquired 30 million Empire shares at 41p per share.
Lanir already owns 32.6 percent of the business, which is reportedly still sitting on a multi-million dollar cash pile from the sale of poker interests to Party Gaming.
Clearly not sharing his optimism, or perhaps in some tactical maneuvering a company called Awn International yesterday sold 30 million Empire shares but still owns 10.3 percent of the business.
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