Billionaire's company allege trick in $53million gambling firm acquisition

Skywind, an online gambling company founded and owned by renowned entrepreneur and billionaire Teddy Sagi, named the former owners of an online gambling business in the UK that has faced numerous problems in the last few years as defendants in a recently filed lawsuit.

Short negotiations that began a few months earlier in the same year were followed by the acquisition. However, before purchasing ITG, Skywind carried out a thorough due diligence investigation. Despite allegations made by whistleblowers during the takeover, a thorough investigation of the business's operations revealed no proof of fraud or other flaws.
 
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