Sportech Rebuffs Buy-out Bid

Betting technology company Sportech has declined two offers from New York hedge fund, Standard General. Sportech CEO Richard McGuire (l.) said the bids undervalue the worth of the company. In response, Standard General disclosed the bids in hopes that investors will exert pressure to accept the latest bid.

Sportech Rebuffs Buy-out Bid

This article is available to Subscribers of GGB News.

Learn more and