DraftKings Stock Surges as Online Betting Company Abandons Bid for Entain

3 years ago 356

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/draftkings-dkng-entain-takeover-bid-terminated-51635253227


Updated Oct. 26, 2021 9:14 americium ET / Original Oct. 26, 2021 9:01 americium ET

  • Order Reprints
  • Print Article

Shares of DraftKings were surging successful premarket trading Tuesday aft the online sports betting radical dropped its program to get British gambling elephantine Entain successful a $22.5 cardinal deal.

“After respective discussions with Entain leadership, DraftKings has decided that it volition not marque a steadfast connection for Entain astatine this time,” said DraftKings (ticker: DKNG) CEO Jason Robins successful a statement.

DraftKings...


Read Entire Article