Corporate Blockbuster: Stablecoin giant Tether ($USDT) unexpectedly submitted an all-cash, binding bid to acquire the entire stake (65.4%) in Italian football club Juventus held by the Agnelli family's holding company, Exor.
The Rejection: Exor quickly rebuffed the offer, stating firmly that "Juventus is not for sale," despite the bid representing a significant premium (21%) over the club's closing share price.
The Takeaway: Tether, which already holds an 11.5% stake in the club, signaled its intent to invest €1 billion in the club's development if the deal were accepted. This move highlights the massive and growing overlap between crypto capital and traditional, high-profile assets.
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