Shares in Italian soccer club Juventus rose than 17% after Exor, a holding company with majority ownership, rejected an all-cash offer from stablecoin giant Tether. Tether’s all-cash offer to Exor on Friday was reportedly valued at €2.66 ($3.13) a share—a value around 21% higher than Friday’s closing price, according to data from Yahoo Finance. The offer valued the club around €1.1 billion in total ($1.29 billion). “Exor N.V. announces that its Board of Directors has unanimously rejected an unsolicited proposal submitted by Tether Investments to acquire all of the shares of Juventus Football Club owned by Exor,” the ... (full story)