Sports betting giant DraftKings plans to go public and merge with two other firms, the Boston-based company announced Monday. DraftKings said it will complete its merger with gambling tech firm SBTech and special purpose acquisition company Diamond Eagle Acquisition sometime in the first half of 2020. DraftKings said the combined company will be valued at $3.3 billion, and it will have $500 million on hand once the deal is complete. …read more
Source:: Yahoo Finance
