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Silverstar Holdings Finalizes Empire Interactive Acquisition

by Rainier on Dec. 4, 2006 @ 9:57 a.m. PST

Stategy First parent company Silverstar Holdings announced that it had achieved over 90% acceptance of its offer to acquire the shares of Empire Interactive. The acquisition was pending shareholder approval, which has now been finalized.

Clive Kabatznik, CEO of Silverstar Holdings, stated, “the Empire acquisition heralds a new era for Silverstar Holdings. With sizable operations in North America and Europe, we are extremely well positioned as one of the largest independent interactive entertainment software publishers in the world.

“With the closing of the Empire acquisition, we look forward to the further creation of shareholder value as we integrate Empire Interactive and continue to implement our long-term strategic plan.”

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