Churchill Downs completes $250M cash acquisition of Exacta Systems

Churchill Downs Inc

Total consideration $250M in cash, subject to working capital adjustments.
Exacta is a leading HHR technology provider; CDI expects immediate operational synergies in Virginia.
Exacta to operate within TwinSpires segment, serving third-party HHR operators in KY, WY, NH.
Acquisition funded with cash on hand and existing credit facility.

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