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Tabcorp Holdings Ltd (ASX:TAH) shareholders have voted overwhelmingly in favour to split the gaming companies casino business from its wagering, gaming and keno businesses.
92.4 per cent of shareholders endorsed the resolution that will see the casino business now be known as Echo Entertainment Group Ltd while the wagering, gaming and keno businesses will continue as Tabcorp Holdings.
Tabcorp chairman John Story says each company has a focused business and a clear sense of direction, potentially making them attractive takeover targets.
In the first six months of the 2011 financial year Tabcorp Holdings posted a net profit of $265.5 million.
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $981.9M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 49.0¢ | $1.508M | 3.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 146235 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 40346 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TAH (ASX) Chart |
