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Bullboard - Stock Discussion Forum Playmaker Capital Inc V.PMKR

Playmaker Capital Inc. is a digital sports media company. The Company acquires and integrates fan-centric media brands, curated to deliver engaged audiences of sports fans to tier one advertisers, online sports betting operators, and sports federations and leagues. Its segments include digital media, affiliate and corporate. Leveraging its in-house technology stack, Bench, and with a 360-degree... see more

TSXV:PMKR - Post Discussion

Playmaker Capital Inc > Market Movers
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Post by retiredcf on Nov 07, 2023 1:03pm

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.

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