mr corbett

mr corbett

Online gambling firm Betfair rejects $1.38b takeover bid from CVC, says it 'undervalues' the company

thenextweb.com
Internet betting exchange Betfair has today rejected an initial bid from CVC Capital Partners, a private equity firm that owns the Formula One Group, on the basis that it undervalued the publicly-listed company and was “highly conditional.” The preliminary proposal from CVC Capital Partners consisted of an offer price at 880 pence...
Online gambling firm Betfair rejects $1.38b takeover bid from CVC, says it 'undervalues' the company
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