DraftKings Hopes To Score On April IPO Despite Live Sports Desert
PYMNTS
APRIL 16, 2020
The Boston-based company will go public through a reverse merger, under terms of a deal made last December with gaming technology provider SBTech and sports acquisition company Diamond Eagle Acquisition Corp., As part of this deal, shares will be issued in the company’s DEAC Nevada unit as well. which is publicly traded.
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