News

Draftkings to Become a Public Company

Draftkings to Become a Public Company

Draftkings, the popular Daily Fantasy Sports and bookmaker, is going public. Draftkings is merging with Diamond Eagle Acquisition Corp., a SPAC (Special Purpose Acquistion Company), that will allow Draftkings to become a public company, without having to go down the normal IPO road. Along with combining with Diamond Eagle Acquisition Corp., with a market cap of about $500 million, they …

Read More »