The offer represents a 22% premium over Entain’s closing price on December 31. Under the proposal, Entain shareholders will own about 41.5% of the enlarged MGM. The UK group has asked its US partner to provide additional information about the rationale for a combination.The US company has until 1 February to either announce its firm intention to make an offer or to withdraw. Original article: https://www.yogonet.com/international//noticias/2021/01/04/55924-entain-says-mgms-11b-takeover-bid-undervalues-the-company

LEAVE A REPLY

Please enter your comment!
Please enter your name here