Thursday, December 13, 2012

LMAX Gets Sold To Management, Valued at £3.6 Million

Following rumors reported earlier in the week, gambling company Betfair has announced that it is focusing on its core business and has sold a 67% stake through a Management Buyout (MBO) for £2.4 million. In their release, Betfair stated:

We will now operate under a new organisational structure based on the Exchange, Sportsbook and Gaming business units. Each unit will control, … [visit site to read more]


Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]

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