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Churchill Downs Incorporated to Acquire Youbet.com, Inc. (Business Wire)

LOUISVILLE, Ky. BURBANK, Calif.—-Churchill Downs Incorporated and Youbet.com, Inc. announced today they have entered into a definitive merger agreement under which CDI would acquire all of the outstanding shares of Youbet in a transaction valued at approximately $126.8 million based on the Tues.

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