DraftKings makes $20 billion offer for Entain
© Reuters. FILE PHOTO A sign is displayed outside the branch of Ladbrokes London on December 22, 2017. REUTERS/Simon Dawson
(Reuters) – Sports betting firm DraftKings (NASDAQ:) has made a $20 billion cash-and-stock offer for Ladbrokes (LON:) owner Entain Plc, CNBC reported on Tuesday, citing sources.
DraftKings was not available to comment immediately. Entain and Entain weren’t.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are determined by marketmakers. As such, the prices might not reflect market conditions and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.