M&A

FanDuel co-founders sue Paddy Power Betfair for $120m

Four petitioners including former FanDuel CEO Nigel Eccles claim the takeover deliberately undervalued the company

The founders of FanDuel are suing the company and by extension Paddy Power Betfair for $120m, according to court documents filed in Scotland. The suit has four petitioners, led by former FanDuel CEO Nigel Eccles, along with his wife Lesley Eccles and Tom Griffiths and Rob Jones. The petitioners received no money from the PPB takeover of…

FanDuel | M&A | Paddy Power Betfair

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