Sportech sells venerable football lottery game for £97.3m to management team
The Football Pools is set to change hands in a near-£100m deal with the 93-year-old betting business taken over by its management team.
Sportech, the current owner, has agreed to sell the pools for £97.3m to a new company that will float on the stock market after raising funds from investors. It will be run by Conleth Byrne, managing director of the Football Pools, and Carl Lynn, its finance director.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2c7q3UV
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