2015-08-26


Wall Street Journal

Paddy Power, Betfair Agree to $8 Billion Sports-Betting Merger
Wall Street Journal
LONDON—Paddy Power PLC and Betfair Group BTFRF 11.52 % PLC have agreed to a near $8 billion merger to create an international sports-betting and online-gambling group with leading positions in the U.K., other parts of Europe and Australia.

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