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PointsBet rejects US$153m offer from News Corp consortium

PointsBet has rejected an AU$220m (US$153.2m) offer for its Australian division from Rupert Murdoch’s News Corporation and digital wagering pioneer Matthew Tripp. As reported by the Sydney Morning Herald, the bookmaker’s board - led by former UBS banker Brett Paton - turned down a non-binding indicative offer from the News Corp Australia-led consortium around two weeks ago, with the offer not put to shareholders. That is according t...
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