Entain Confirms DraftKings (DKNG) Made Offer of 2,800 Pence Per Share - Bloomberg
Get Alerts DKNG Hot Sheet
Join SI Premium – FREE
(Updated - September 21, 2021 3:11 PM EDT)
Entain confirmed it received a proposal from DraftKings (NASDAQ: DKNG) for 2,800 pence per Entain share, consisting of 630 in cash and the balance payable in new DraftKings Class A common shares, according to Bloomberg.
Entain said it rejected an earlier approach from DraftKings for 2,500 pence per share in cash and stock, according to an emailed statement.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Goldman Sachs Starts DraftKings Inc. (DKNG) at Buy, 'Inflecting Profitability as Unit Economics Improve'
- Asbury Automotive Group (ABG) Announces Retirement of Chief Legal Officer
- Tandy Leather Factory (TLF) Appoints Diana Saadeh-Jajeh to its Board
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!