Entain rebuffed the offer on the basis that it felt the offer “significantly undervalued” the company, but giving MGM until 1st February to put forward a revised offer proposal.
MGM Resorts International Withdraws $11.06B takeover bid of Entain MGM Resorts International Withdraws $11.06B takeover bid of Entain, and is working his notice period before joining global sports media platform DAZN Sports. Entain board-member and non-executive director Jette Nygaard-Andersen is in talks to replace Segev. MGM Resorts International Withdraws $11.06B takeover bid of Entain
David Burke
London based reporter covering all aspects of the global regulated and unregulated land-based and online gambling industry - including business news, sports-betting, casinos, poker & regulation