Aristotle entities sue Underdog over proposed $1.3bn IG Group acquisition
Aristotle International and Aristotle Exchange Holding Company sued Underdog in Delaware over its proposed acquisition by IG Group, which is valued at up to $1.3bn. Underdog chief executive Jeremy Levine said Aristotle was seeking additional payment; the acquisition remains subject to regulatory approvals and is expected to close in late 2026 or early 2027.
The lawsuit could affect the timing or terms of IG Group’s proposed acquisition of Underdog.