randommale
07-09-05, 05:27 AM
I heard he was doing this so he could advertise Doyles Room.
"Already having made history at this year's World Series of Poker by winning his tenth bracelet, Doyle Brunson is looking to make poker history yet again.
The poker heavyweight is leading a group of investors who have made a $700 million cash offer for WPT Enterprises Inc., the owner of the World Poker Tour franchise.
Word spread quickly about the bid at the end of the week and sent WPT stocks soaring to a record high, increasing the market cap by more than 50 percent and sending its NASDAQ value to $27.60.
Brunson and company's unsolicited bid offered a 100-percent premium over WPTE's closing price of $17.75 on Thursday. The California-based WPT Enterprises was founded in March 2002 and made its public trading debut last August, when it opened at $8 per share. The company reached its previous high last month when shares jumped to $24.40. "
"Already having made history at this year's World Series of Poker by winning his tenth bracelet, Doyle Brunson is looking to make poker history yet again.
The poker heavyweight is leading a group of investors who have made a $700 million cash offer for WPT Enterprises Inc., the owner of the World Poker Tour franchise.
Word spread quickly about the bid at the end of the week and sent WPT stocks soaring to a record high, increasing the market cap by more than 50 percent and sending its NASDAQ value to $27.60.
Brunson and company's unsolicited bid offered a 100-percent premium over WPTE's closing price of $17.75 on Thursday. The California-based WPT Enterprises was founded in March 2002 and made its public trading debut last August, when it opened at $8 per share. The company reached its previous high last month when shares jumped to $24.40. "