M&A

Source: Kindred takeover of DraftKings is “highly unlikely”

DFS operator understood to be happy going it alone on sports betting

A Kindred acquisition of DraftKings, as suggested in media reports over the weekend, is “highly unlikely” to go ahead, according to a source familiar with the situation. Rumours of such a takeover first appeared Friday evening at news outlet Legal Sports Report, but a source dismissed the speculation outright, saying there had been “no discussions…

DraftKings | Kindred Group | M&A

Latest