DraftKings and FanDuels abandon proposed merger

 DraftKings and FanDuel, the two biggest daily fantasy sports platforms that originally announced their intention to merge a last year, have called it quits. This comes a month after the FTC announced they would sue to block the merger. In a statement provided to TechCrunch, FanDuel CEO Nigel Eccles explained: “FanDuel decided to merge with DraftKings last November, because we… Read More

DraftKings and FanDuels abandon proposed merger

Last month, the FTC announced that it would block the proposed merger between the two companies. A hearing was scheduled on the case this week.

Thu 13 Jul 17 from The Washington Post

DraftKings and FanDuel merger spiked - CNET

The daily fantasy sports leaders won't merge after all due to major opposition from the Federal Trade Commission.

Thu 13 Jul 17 from CNET

DraftKings and FanDuel abandon fantasy sports merger

US government officials said in June the deal raised concerns about competition and they would try to block it.

Thu 13 Jul 17 from BBC Technology

FanDuel and DraftKing’s merger is just a fantasy after all

Facing a formidable legal challenge by the Federal Trade Commission, online fantasy sports sites DraftKings and FanDuel announced on Thursday that they have cancelled their planned ...

Thu 13 Jul 17 from Engadget

DraftKings and FanDuel will no longer merge

 DraftKings and FanDuel, the two biggest daily fantasy sports platforms that originally announced their intention to merge a last year, have called it quits. This comes a month after the ...

Thu 13 Jul 17 from TechCrunch

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