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FanDuel to get further funding after failed merger

07/11/2017
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Investors in FanDuel may be forced to inject more money into the company after the FTC blocked the merger with DraftKings.


US.- After the US Federal Trade Commission (FTC) blocked its merger with rival DraftKings, FanDuel will need its investors to inject more funds into the company. One of the two biggest Daily Fantasy Sports (DFS) operators was betting on the merger to help its operation, whose accounts for the period to December 31, 2015 are behind schedule.

Complete article: FanDuel to get further funding after failed merger