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Why Did PointsBet Shareholders Embrace MIXI’s $1.20 Per Share Offer?

8:40am on Wednesday 25th of June, 2025 AEST Gambling & Betting
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Why Did PointsBet Shareholders Embrace MIXI’s $1.20 Per Share Offer?

8:40am on Wednesday 25th of June, 2025 AEST
Key Points
  • Scheme meeting held on 25 June 2025 with strong shareholder turnout
  • MIXI’s improved offer of $1.20 per share represents a 44.6% premium over pre-announcement price
  • Independent Expert and PointsBet Board unanimously recommend approval
  • Opposition mainly from Betr Entertainment Limited, but majority support excluding Betr votes exceeds 95%
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