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home / news releases / AUS - Austerlitz Acquisition: The Intriguing WynnBET Story Has A Couple Of Holes

AUS - Austerlitz Acquisition: The Intriguing WynnBET Story Has A Couple Of Holes

Austerlitz Acquisition Corporation I Class A
  • SPAC Austerlitz Acquisition Corporation I is merging with WynnBET in a $3.2 billion deal.
  • Austerlitz's leadership has an impressive track record and Wynn has one of the best brands in gaming; the combination seems like a slam-dunk.
  • Yet investors have mostly shrugged — and there are reasons for caution, including valuation.
  • So early in the process, this seems like a "wait and see" story, though sports betting and iGaming bulls may be more constructive.

For further details see:

Austerlitz Acquisition: The Intriguing WynnBET Story Has A Couple Of Holes
Stock Information
Company Name: Austerlitz Acquisition Corporation I Class A
Stock Symbol: AUS
Market: NYSE
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