Empire Interactive Acquisition Almost Complete

Silverstar Takes Control of 85 Percent

http://gamesindustry.biz/content_page.php?aid=21237
Silverstar Holdings has taken its acquisition of Empire Interactive one step further today by acquiring an 85 percent stake in the developer. Silverstar, who already owns developer/publisher Strategy First and has a stake in Magnolia Broadband hopes to push Empire to new heights through acquisitions and investment in video game projects.

"We are pleased that the Empire transaction has been declared wholly unconditional," commented Clive Kabatznik, CEO of Silverstar Holdings.

"We look forward to building the business to create greater value for our shareholders," he added.
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