PointsBet board backs FBG’s enhanced US$225m proposal
Fanatics Betting and Gaming has made an improved proposal to acquire PointsBet’s (ASX:PBH) US business for a headline cash consideration of US$225 million (~A$333 million), representing a 50% increase compared to the previous bid. The PointsBet Board unanimously recommends accepting FBG’s offer, citing the higher price and the certainty of timely completion. The transaction will […]
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