The Stars Group -6% after share offering

|About: The Stars Group Inc. (TSG)|By:, SA News Editor

The Stars Group (NASDAQ:TSG) is down 6.34% after announcing a share offering earlier today.

The company is using the funds to pay for the acquisition of Sky Betting & Gaming. If the Sky deal doesn't make it to the finish line, the company will use the funds for general corporate purposes.

Shares of TSG are still up 53% YTD.

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