Underdog's Journey: From DFS Startup to $1.3B Prediction Markets
Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.
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Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.
The fantasy sports operator Underdog Sports has completed its pivot to the prediction market sector, just months after laying off 20% of its staff and snapping up a derivatives clearing platform.