Net Ent. Statement On Boss Takeover Bid
Published: Thursday, November 08, 2007 Online-Casinos.com
NET ENT STATEMENT ON BOSS TAKEOVER BID (Update)
Net Entertainment has issued a statement in the wake of Tuesday's suspension of its trading, along with Boss Media's stock.
In the statement, Pontus Lindwall, Chairman Net Entertainment NE AB, says that the company has grown rapidly over the past years with strong profitability. And he hints that NetEnt could well be on the lookout for acquisitions.
"The market for online gaming is growing rapidly and consolidation of the industry is ongoing," he adds.
"In line with other companies in the industry, Net Entertainment is continuously evaluating strategic acquisitions. At this moment no concrete negotiations or discussions are ongoing.
"Net Entertainment intend to take an active part in the consolidation of the online gaming industry."
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