DraftKings To Merge, IPO At A $3.3B Market Value
PYMNTS
DECEMBER 23, 2019
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston. DraftKings was founded in 2011.
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