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Affliate site sells for 700 million

Who says affiliates aren't worth anything?

4:33 pm on Sep 4, 2005 (gmt 0)

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"Empire Online, which has successfully ridden the internet poker boom without dealing a hand of poker itself, yesterday became the target of a possible 700m-plus bid battle.

Empire, which floated only in June, said it had received a merger proposal. However, the suitor is understood not to be PartyGaming, which is Empire's biggest customer and until yesterday was regarded as the only likely bidder."