DraftKings to merge with Diamond Eagle Acquisition Corp. and SBTech; becoming public company

DraftKings, a daily fantasy sports and bookmaker, is merging with Diamond Eagle Acquisition Corp. and SBTech, to become a public company. Because the merger includes a special purpose acquisition company, DraftKings will become public and avoid the standard IPO process. New Deal: The new merger was announced on Monday. With DraftKings combining with the two […]