U.S online horserace betting provider Youbet.com has announced a special meeting to take place on April 6th 2010 where stockholders will consider and vote on the planned $126.8 million merger with Churchill Downs Incorporated, the rival advance deposit wagering operator which this week posted a 2% increase in net revenues to $439.7 million following strong growth in the company's online wagering service TwinSpires.com.
Churchill Downs Incorporated (CDI) and Youbet.com entered into a definitive merger agreement last [...]
