Still, Fox could have been ordered to pay much more. Fox had argued the price should be based on that threshold. Flutter, which owns nearly 95% of FanDuel, acquired a 37.2% stake in the company in December 2021 at an implied valuation of $11.2 billion. The price that Fox would have to pay is based on a FanDuel valuation of $20 billion, according to the ruling. sports betting platforms alongside services from DraftKings, Caesars and MGM. The decision ends the more-than-yearlong lawsuit between the two companies over the valuation of FanDuel, which has emerged as one of the leading U.S. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |