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DraftKings Drops Entain Takeover Bid, Stock SoarsWritten by: Todd Shriber

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DraftKings (NASDAQ:DKNG) stock is soaring Tuesday after the sportsbook operator said it’s walking away from takeover talks with Entain Plc (OTC:GMVHY). The news arrives a week after the UK-based company extended the deadline for the daily fantasy sports (DFS) giant to formalize a higher acquisition offer after the target turned back a $20.5 billion cash
The post DraftKings Drops Entain Takeover Bid, Stock Soars appeared first on Casino.org.
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