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January 19, 2008

Investors fume over casino takeover bid

BLACK investors in casino group Gold Reef are livid that rival operator Tsogo Sun has sought to thwart a takeover bid by a private equity led consortium for R11.4 billion.

Tsogo Sun's intention to acquire Gold Reef has been on the cards for about two years.

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Posted by StaffWriter at January 19, 2008 7:36 AM