Entain extends “Put Up or Shut Up” deadline for DraftKings takeover offer

US operator will now need to provide assurances over corporate governance structure and the future of BetMGM by 16 November as Entain plays hardball

Entain has called on DraftKings to “Put Up or Shut Up” in its efforts to acquire the FTSE 100 operator in a new statement to the London Stock Exchange (LSE). Entain said discussions were still ongoing between the two firms to explore the “merits and feasibility” of a potential deal, in which DraftKings would pay…

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