Cashcade Takeover
20th February, 2008
Cashcade, the parent company of Foxy Bingo, Think Bingo and other online bingo sites have now stated that they have been approached a number of times regarding takeover bids.
Company chairman, Michael Buckley, said that he is expecting something to happen in the coming year and would be very "disappointed" if it happens for less than £100million.
In other company news, Foxy Bingo are joining other sites such as Gala Bingo and Party Bingo, in sponsoring a TV program. Foxy Bingo, clearly showing their target audience, are to sponsor The Jeremy Kyle Show. The Foxy marketing team said that "sponsoring a show on ITV was a useful way to try and get people to tune into exciting bingo instead of watching TV".
