By Doug Zanger

The two largest daily fantasy sports companies, DraftKings and FanDuel, according to Bloomberg, are in discussions about a possible merger. Both have been embroiled in controversy as 10 states have blocked both from operating. Legal challenges aside, the two have been pushed, for some time, to get together by investors as both offer essentially the same product but spend tremendous amounts of money to compete.

“As a business proposition, it makes sense,” Daniel Wallach, a partner at the firm Becker & Poliakoff, told USA Today. “These two were bitter adversaries a year ago with all their advertising as they vied Read full story ›

Source: The Drum