Pointbet managers unanimously recommended that shareholders in the company accept the “Best and Final” offer, while the competing Betr Entertainment has launched a new organizational challenge.
Mixi confirmed that she is ready to clarify $ 1.25 ($ 0.82) per share for points.
The “unconditional” offer was presented after the approval was granted by the Forex Investment Review Council (FIRB) in Australia to close the deal.
Although “the best and the final” has been used in terms of proposal, Mixi stated that he reserves the right to increase the offer more if he can get more than 50 % of the total contribution.
This may become possible because all shareholders who agreed to the initial deal to receive their price level.
As, MIXI is a major minority contributor with 28.2 % of points.
and Official communication I provided all the latest details about the Mixi Takeover show.
⏰ Mixi Pointbet Takeover faces a new organizational challenge from Betr
👉 https://t.co/CTV56VNGL4#Betr $ PBH #detained
– Next.io (Nextdotio) August 11, 2025
BETR claims the Mixi Time feature used for an unparalleled engineer
The proposed acquisition from Australian betting platform SAGA has been continuing, with the latest update representing the thirty -third update to the investor’s relationship in Pointbet over the past four months.
The Mixi has finally obtained the top hand on the rival gun, Betr Entertainment, but the latter still hopes to have a deal on the line.
Betr increased its offer to $ 1.35 per share, on the basis of all half, but this was rejected by the Pointbet Council.
Now, Betr took its case to the acquisition committee, claiming that Mixi was using a timing feature to secure the acquisition before looking at its offer.
Betr claims that an unequal stadium has been designed, putting Pointbet shareholders in an unfavorable position.
In the application on the acquisition committee, Betr presented the case: “Mixi seeks to take advantage of the procedural consequences of the continuous acquisition committee (being a delay in sending Betr’s Betr statement to Betr and opening a Betr offer) to enhance its control over the subscription before sending them to Betr points contributions and open to accept.”
Betr wants to grant temporary orders to prevent Mixi from addressing admission under the last offer until the committee reaches its results on issues related to its special proposal to obtain points.
Credit image: pb
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