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PointsBet Responds to Takeover Bid by betr Entertainment

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PointsBet Responds to Takeover Bid by betr Entertainment

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The latest update is out from BlueBet Holdings Ltd. ( (AU:BBT) ).

PointsBet Holdings Limited has issued a supplementary target’s statement in response to an off-market takeover bid by betr Entertainment Limited. The bid involves an offer of 4.375 betr shares for every PointsBet share, conditional on betr shareholder approval. Recent developments include an extension of the offer period and the removal of certain conditions, impacting PointsBet’s strategic options and potentially affecting shareholder decisions.

The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.

More about BlueBet Holdings Ltd.

Average Trading Volume: 874,197

Technical Sentiment Signal: Sell

Current Market Cap: A$307.7M

See more data about BBT stock on TipRanks’ Stock Analysis page.

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