Canada’s Intertain Group is considering selling all or part of the business due to what it sees as the undervaluation of its stock, with Pala Interactive and former PartyGaming chief executive Jim Ryan joining the operator’s board of directors.
Intertain’s board feels that its share price is “misaligned” with its fundamental business results and has therefore initiated a process to “identify, examine and consider a range of strategic options” as it looks to deliver value to shareholders.
It has established a [...]