theScore shareholders approve acquisition by Penn National Gaming

| By Robert Fletcher
Shareholders in Score Media and Gaming (theScore) have overwhelmingly voted to approve the proposed acquisition of the business by Penn National Gaming.
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During a special meeting yesterday (October 12), 99.96% of the votes cast by shareholders were cast in favour of the deal, with just 0.04% against.

Penn in August agreed to acquire theScore in a $2.0bn (£1.47bn/€1.73bn) cash-and-stock deal, with its chief executive Jay Snowden saying that he planned to migrate Penn’s betting products to a platform currently under construction at theScore.

TheScore is currently developing its own platform, part of a wider operational overhaul.

Read the full story on iGB North America.

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