SSTR: Announces Closing of Empire Interactive Transaction

By Brian Edwards, bedwards@knobias.com


Silverstar Holdings, Ltd. (SSTR) announced that it had achieved over 90% acceptance of its offer to acquire the shares of Empire Interactive PLC. As previously announced, the transaction became effective on November 21, 2006. However, with acceptance levels exceeding 90%, the offer to any remaining shareholders will terminate on December 15, 2006.

© 2006 Silverstar Holdings Ltd. All rights reserved.