Betfair Rejects Acquisition Bid

This story was published more than 8 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.