Elliott takes major stake in CCC Intelligent Solutions amid sale talks
An activist known for pushing boards toward a deal takes a meaningful position in a software company already exploring its options, raising the odds of a formal process.
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An activist known for pushing boards toward a deal takes a meaningful position in a software company already exploring its options, raising the odds of a formal process.
DraftKings' DKeX launch is the latest sign of trading and betting platforms taking exchange infrastructure in-house, and Bernstein now calls industry consolidation tangible rather than hypothetical.
Bernstein says every major prediction platform now owns both consumer distribution and exchange infrastructure, and the two venues still missing that pairing sit squarely in the crosshairs.