888 Holdings to purchase remaining stake in All American Poker Network_1

London-listed online gambling operator, 888 Holdings, has announced the signing of an agreement that is to see it spend some $28 million in order to acquire the remaining 53% stake in the All American Poker Network.

To grasp ‘growth opportunities’:

The Gibraltarian firm used an official Tuesday press release (pdf) to declare that the all-cash transaction for the online poker network is being carried out by its 888 US Incorporated subsidiary and is expected to be completed by the end of March to give it the flexibility…