BetFair (B+) Rejects Takeover Offer
April 23, 2013British Bookie BetFair (Rating B+) rejects buyout offer from a private equity firm for $1.3 Billion. The offer comes from a company called CVC Capital Partner, a company best know for sponsoring Formula 1. That company is run by one Richard Koch, an early investor of BetFair and 6% share holder. Betfair responded to the […]