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Churchill Downs completes Big Fish Games acquisition

17th December 2014 9:47 am GMT

US gaming and racetrack operator Churchill Downs Incorporated (CDI) has completed the acquisition of social games developer Big Fish Games at a total price that could potentially rise to $885m.

The deal was first announced in November and saw CDI make an initial payment of $485m, comprising around $16m in CDI stock, up-front cash of $384m and $85m cash to be paid over three years.

An additional earn-out payment of up [...]

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