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Empire confirms £790m takeover approach

Empire Online, a UK internet gaming services provider valued at £790m (€1.16bn), today confirmed it is in takeover talks just three months after listing on the UK's Alternative Investment Market.

In a statement today the company said it had received an approach worth 270p a share but declined to name the bidder. Analysts named PartyGaming, which floated on the London Stock Exchange in June, as the most likely suitor, Reuters reports.

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