Diamond Eagle

DraftKings Shareholder Meeting Brings Them Closer To Going Public

April 23, 2020 at 4:49 pm by Giovanni Shorter

DraftKings and SBTech acquisition by Diamond Eagle Acquisition Corp. has been approved by shareholders. This brings the company one step closer to being a publicly-traded company. The final phase is the actual business combination being completed, this has not been given a set date as of yet. BOSTON, Mass. – DraftKings has gotten one step … Read more

DraftKings To Merge With SBTech Becoming First Public Sportsbook

April 17, 2020 at 12:49 pm by Giovanni Shorter

DraftKings - SBTech - Security and Exchange Commission

After the merger with Diamond Eagle, DraftKings will combine with SBTech and become a publicly-traded company. The deal is valued at approximately $2.7 billion. This will make DraftKings the first sportsbook on the New York Stock Exchange. BOSTON, Mass. – DraftKings and SBTech will officially merge along with Diamond Eagle Acquisition to create the first … Read more