score As it seems Ready to move forward with Mixi Australia Acquisition Proposal Bats entertainment Decision to vote against the deal. Later company, who is the owner 19.9% ​​stake In the Australian Sportsbook, later alleged that the pointsbate excluded his vote and demanded a recurrence.
Mixi and Betts demanded to achieve pointsbate
Pointsbate was considering for a while between his two suits as Mixie and Betor clashed at the Australian sportsbook. Bates, which seemed to be in hell when received pointsbate, proposed a deal, which could produce millions of dollars due to the underlying coordination between businesses.
However, the numerical determined that Mixi’s Latest proposal price offer It did not depend on coordination and other situations. While Bates said that there would be a higher value as a result of coordination, Pointsbate’s leadership suggested that its forecasts were very optimistic. As a result, its leadership decided to go with the mixie deal.
Bates was unhappy with this development, insisted on that pointsbate Did not act in harmony And that it rejected the possible coordination. Bates returned with a new all-script deal, in which Pointsbate also rejected and encouraged its shareholders to approve the mixie deal.
Pointsbate claims canceled their proxy vote
On 25 June, the shareholders of the pointsbate voted on the Mixi Australia deal to approve the transaction. Under the agreement, the Japanese tech company’s Australian branch AUD will acquire Pointsbet for 402 million ($ 261 million), which is equivalent to AUD 1.20 ($ 0.77) per share.
Accused accused of points Except for its voteSaying that “the chair of the meeting has left the votes of Bates against the plan and has not given any basis to do so.” Consequently, Bates Demand for a recurrence And threatened Take the case to courtif needed.
Pointsbate dismissed the claims of Batesar and said that Bates was Its proxy vote canceled Before closing the vote. It added that son Did not cast a vote during the meeting. On the other hand, Bates insisted that he had legally recorded his proxy vote and never canceled it.
Bates said that he expects pointsbate to fix his mistake.
