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Intertain shares slump as investment firm highlights concerns

18th December 2015 12:14 pm GMT

Toronto-listed gaming operator Intertain Group has dismissed as "misleading and self-serving" a report published Thursday by New York investment firm Spruce Point Capital Management, which described the company as “another speculative Canadian roll-up, but in our opinion the worst of its kind.”

The report claimed that Intertain's "growth at any cost" mentality is "likely to end in disaster", prompting a 20 per cent fall in the company's share price Thursday.

Intertain responded Friday to address what it considers to be [...]

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