British gambling firm Entain said on Tuesday that U.S. fantasy sports betting company DraftKings had made a takeover proposal that valued it at $22.4 billion. Under its current proposal, DraftKings plans to offer 28 pounds per Entain share, representing a premium of 46.2 percent to the UK firm’s Monday close. Entain said it had earlier…
DraftKings Courts UK’s Entain With $22.4 Billion Offer as US Sports Betting Spurs Deals
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