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Tabcorp Rebuffs $2.28 Billion Entain Bid, Promises Review of Betting, Media UnitsWritten by: Todd Shriber

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Tabcorp turned back a $2.28 billion takeover offer from Entain Plc (OTC:GMVHY) for the company’s media and sports wagering businesses, but the Australian firm is promising a strategic review of those units that could ultimately lead to a sale or spin-off. In a letter to the Australian Securities Exchange (ASX), Tabcorp confirmed it received multiple
The post Tabcorp Rebuffs $2.28 Billion Entain Bid, Promises Review of Betting, Media Units appeared first on Casino.org.
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