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Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sagansky, announced today that its subsidiary, DEAC NV Merger Corp., has filed with the U.S. Securities and Exchange Commission (...
Online betting outfit DraftKings is going public in a three-way deal that will value the company at $3.3 billion. Because it is one of the primary vehicles driving online and sports betting growth in New Jersey, Pennsylvania, and elsewhere, this could be a stock investors just might want to wage...
Why low-priced stocks? Because by definition, they have operating leverage and losses that offer “carryforwards,” meaning that the losses accumulated in the past can now be used to shelter new earnings. This necessitates the notion that these stocks are generally involuntarily ...
Online gambling platform DraftKings is going public in an unusual way. DraftKings is merging with SPAC (special purpose acquisition company) Diamond Eagle Acquisition ( DEAC ), as well as B2B tech provider SBTech, in a deal that should close in the first half of 2020. The early reaction from...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Markets are looking to celebrate a different Christmas Eve than the one last year, which saw the S&P 500 dip into bear market...
Boeing Will get the Max behind it now, and it will power the Dow towards 30K Boeing was still my “Trade of the Day” for me when the bad news happened last week. Like every trader I had regrets. “Why didn’t I sell it, I had profits, that’s what happens ...
Diamond Eagle Acquisition (NASDAQ: DEAC ) jumps 5.6% after the special purpose acquisition company controlled by former Hollywood exec Jeff Sagansky agrees to buy DraftKings alongside gaming tech giant SBTech, in a $2.07B deal . More news on: Diamond Eagle Acquisition C...
DraftKings, Diamond Eagle Acquisition Corp. and SBTech Enter Business Combination Agreement Institutional Investors Commit to Invest $304 million at Closing DraftKings CEO and Co-Founder Jason Robins to lead combined company Investor Call Scheduled for Monday, December 23 at ...
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In this episode of Motley Fool Money , Chris Hill chats with Motley Fool analysts Jason Moser and Ron Gross about the latest news from Wall Street, the few states that are reopening their economies, and weird market behavior. They also go through a couple of earning reports from the entertain...
DraftKings (NASDAQ: DKNG), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, on Thursday announced that it has completed its business combination with SBTech (Global) Limited (“SBTech”), an i...
BOSTON, April 23, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc., a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, today announced that it has completed its business combination (the “Business Combina...