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Tuesday, March 28, 2006

Unitab, Tatterall Plan to Merge

As reported by the Australia ABC News: "Australia could have a new gambling entity with the announcement of a planned merger between two major companies.

"Queensland's Unitab and Victoria's Tatterall's companies are planning to merge to create a company with operations in every state and territory.

"Unitab chief executive Dick Mc Ilwain says the two companies complement each other and will generate expected revenue of more than $3 billion.

"Â…Gaming analyst at CCZ Securities Tony Waters says the proposed merger would mean Unitab will not be making a future bid against Tattersall's for Victorian gambling licencesÂ…"

posted by Jerry "Jet" Whittaker at 3/28/2006 11:19:00 AM

 

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