Betfair Rejects Acquisition Bid

This story was published more than 11 years ago.

UK based betting firm Betfair has rejected an offer by CVC Capital Partners to acquire the firm, noting that the bid vastly undervalues the betting exchange's value.

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Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.