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Better Collective A/S: Better Collective has resolved on a directed share issue of 6.9 million shares, thereby raising gross proceeds of SEK 1,500 million and significantly increasing financial flexibility - Vimarsana News

Better Collective A/S: Better Collective has resolved on a directed share issue of 6.9 million shares, thereby raising gross proceeds of SEK 1,500 million and significantly increasing financial flexibility

(1) Regulatory release no. 17 NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. Better Collective A/S ("Better Collective" or the "Company"), a global sports betting media group with a leading position in the US in light of the recently announced acquisition of Action Network Inc., today announces, in accordance with the Company's press release earlier today, the closin...

Better Collective buys Action Network for $240 million - Vimarsana News

Better Collective buys Action Network for $240 million

05/03/2021 The Action Network has a new owner. The network, which focuses on sports betting tracking and information, was launched by The Chernin Group in October 2017, with ESPN’s Chad Millman coming on ahead of that launch as head of media. It started as a combination of three existing companies Chernin had previously bought (Sports Insights, FantasyLabs and SportsAction), but quickly expanded and made some notable hires, including Matt Moore from CBS and Darren Rovellfrom ESPN. Now, they’ve been acquired for $240 million by the Denmark-based Better Collective, which already owns plenty...