Business
May 4, 2021
Catena Media Acquires Sports Affiliation Lineups for $39.6M
Online lead generation firm Catena Media announced today it acquired online sports affiliation Lineups.com to strengthen its position in the US sports betting arena. Payment Details Catena Media revealed a total of $39.6 million will be paid in cash in 3 installments spread over a period of 2 years, with another half-a-million payable upon fulfillment […]
Business
May 4, 2021
Apollo Global Expands Portfolio, Buys Verizon Media for $5B
Private equity fund Apollo Global Management is set to expand its presence in the content and advertising space after agreeing to acquire AOL and Yahoo brands from Verizon. “Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.” […]
Business
May 4, 2021
Gaming M&A Activity Continues as Action Network Goes to Better Collective
What a difference a year makes. The past 12 months have seen a number of high-profile deals being made in the gaming space, with mergers and acquisitions (M&A) now becoming almost a daily occurrence. The founders of Action Network aren’t complaining, as their hard work is now paying off in a big way. Only launched […]
Casino
August 10, 2020
InterActiveCorporation Acquires a $1B Stake in MGM Resorts
Digital media company InterActiveCorporation (IAC), which has a history of buying, developing and selling online businesses announced today it had accumulated a significant share in MGM Resorts International. In a Schedule 13D filed to the Securities and Exchange Commission (SEC), IAC revealed it had acquired 12% in the casino operator, worth an estimated $1 bilion. […]
Casino
May 11, 2020
LVS May be Considering the Acquisition of Wynn Resorts, Analysts Suggest
Las Vegas Sands (LVS) may be looking to acquire Wynn Resorts, an analysis by a boutique investment bank and advisory firm for the gaming industry suggests. Union Gaming LLC, in a note published Thursday overnight, cited Okada Manila in the Philippines, Australia-based Crown Resorts, and Wynn Resorts, all three as potential acquisition targets for the […]