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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 to fulfill ‘multiple potential growth opportunities including developing new strategic partnerships’ across the United States.’Getting ‘independent control’:Itai Frieberger (pictured), Chief Executive Officer for 888 Holdings, stated that purchasing the remaining share of the All American Poker Network from Avenue OLG Entertainment will allow his firm to gain ‘independent control’ of its American business.”...

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