Market Movers Judging by the BB, not sure if there's anyone here. GLTA
On the rise
Playmaker Capital Inc. , a Toronto-based digital sports media company, soared after announcing late Monday it has agreed to be acquired by Copenhagen-based Better Collective A/S for total consideration of approximately €176-million.
Under the terms of the deal, Playmaker shareholders will receive 70 cents for each common share held, representing a 46-per-cent premium to its closing price on Friday.
Axios media reporter Sara Fischer called the deal a betting mega-merger” and noted Better Collective, which owns the U.S.-based Action Network, will nearly double its audience across the globe.