Jason Ader: Playtech is ideal candidate for private takeover

Activist investor, who owns approximately 5% of Playtech, described the firm as the most undervalued gaming company in the world

Playtech would be the ideal candidate for a leveraged buyout (LBO), according to hedge fund activist and Playtech shareholder Jason Ader. LBOs are often used to take public companies private, with the company’s own assets used as collateral for the loans to acquire the company. Speaking at the Sohn Investment Conference in London yesterday, Ader…

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