NetPlay TV (LON:NPT) has confirmed press speculation it is in talks to acquire the football pools business of Sportech (LON:SPO).
The interactive gaming company cautioned, however, that talks are at a very preliminary stage and issued the usual caveat that there is no guarantee the transaction will take place.
If it does happen, however, then it would constitute a reverse takeover under the rules of the Alternative Investment Market (AIM); as such, trading in the company's shares on AIM has been suspended pending the outcome of the talks.
Shares in Sportech rose 5% to 59.875p on the news while Netplay's shares were down 0.11p on the day at 7.27p before being suspended.