Boss, NetEnt Shares Suspended in Sweden

7 November 2007

Shares in Swedish gaming companies Boss Media and Net Entertainment this afternoon were suspended on the Stockholm Stock Exchange, prompting rumors of a takeover approach from one of the companies.

Boss confirmed later today in a prepared statement that one of its major shareholders on Tuesday had been approached by an unknown buyer about acquiring all shares in the company. The company further indicated that the shareholder today declined the offer and immediately reported it to company management.

Net Entertainment is due to release a statement tomorrow.