SpringOwl backs Aristocrat takeover of Playtech
SpringOwl, the investment fund of activist gambling investor Jason Ader, has outlined its support for Aristocrat’s $3.7 billion (£2.7bn) takeover of Playtech Plc. This morning, Playtech confirmed that it had approved Aristocrat’s 680 pence per share (58% premium) offer to be recommended to investors of the FTSE250 technology group. SpringOwl is listed amongst Playtech’s private …
