Sports betting tech firm rejects takeover offers from US hedge fund
Betting tech company Sportech has rejected multiple takeover offers from US hedge fund Standard General, it has announced.
The Bristol-based company, which previously ran the UK Football Pools and runs the tech for British bookmaker The Tote, said it had received two approaches about a possible cash offer.
Sportech said the valuation of £54million “fundamentally undervalued” its business and…