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DraftKings and FanDuel merger being finalized

on Oct 31, 2016 | 0 comments

By Kyle O'Brien

After months of an uneasy courtship, it appears that the proposed merger of fantasy sports giants DraftKings and FanDuel is back on and nearing finalization. ESPN described the deal as “imminent” – most likely be announced as early as this coming week.

The final hurdle was the brick wall that is the New York attorney general’s office, where the two companies have faced regulatory issues. New York attorney general Eric Schneiderman was highly vocal and public about regulation, and both FanDuel and DraftKings barred residents from playing since March. Schneiderman even demanded that the two companies had Read full story ›

Source: The Drum