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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.

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