Fanatics Increases PointsBet Offer by 50%
The licensed apparel juggernaut has upped its offer to $225 million from $150 million to acquire PointsBet’s U.S. assets, in an effort to outbid rival DraftKings, which made a non-binding offer of $195 million earlier this month. PointsBet’s board unanimously approved and recommended the proposal after ... Log in to view full article.