28 Feb

DraftKings, FanDuel Jettison Merger Plans, Back Away From FTC Challenge

 Joint rulers of this day-to-day fantasy activities (DFS) market DraftKings and FanDuel have walked away from a proposed merger of equals, less than the usual month after the Federal Trade Commission (FTC) moved to block the offer on grounds of antitrust ‘fair competition’ problems. The offer’s off: DraftKing’s Jason Robins (left) and FanDuel’s Nigel […]