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IG Group's Underdog Deal Targets U.S. Prediction Markets Growth
Source: marketbeat.com
M&A & RestructuringCompany Fundamentals
IG Group said its proposed acquisition of U.S. sports gaming company Underdog would expand exposure to prediction markets, daily fantasy sports and related products. IG expects the deal to increase the U.S. share of group revenue and its customer base; no financial terms were provided.
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