Tabcorp not sold on alliance with Tatts Group, Vesna Poljak - Australian Financial Review - 11th August 2008
Gaming and wagering group Tabcorp Holdings has dismissed the possibility of a merger with rival Tatts Group. 'The synergies between our two companies are not particularly large right now,' Tabcorp chief executive Elmer Funke Kupper said last week after a $708 million write-down by his company. Both Tabcorp and Tatts are set to lose their lucrative poker machine licences in Victoria after the state government refused to renew them beyond mid-2012.
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