Silverstar Holdings Ltd.?s offer to acquire Empire Interactive PLC has received valid acceptances from 85 percent of Empire?s outstanding shares.

Silverstar, a Bermuda-based investor in fee-based electronic games, expects to cancel Empire?s shares on December 20 and make payment on the acceptances already received on or before December 5.

Silverstar expects to file pro forma consolidated financial statements with Empire?s results included for the period ending December 31.

Silverstar?s offer to acquire Empire has been declared wholly unconditional, and under UK regulations, the offer will remain open, subject to 14 days notice of closure, during which time remaining Empire shareholders can tender their stock. ? Dow Jones