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Fox Corporation FOXA has recently received a green flag towards buying a stake in FanDuel, one of the biggest brands in U.S. online gambling.
Fox had been facing a dispute with Flutter, the parent organization of FanDuel, over this deal over the past year, as the latter was demanding too high a price for an option to buy an 18.6% stake in FanDuel.
However, recently, an arbitrator has ruled that Fox has the option to buy a stake in sports-betting operator FanDuel Group from parent com...
>>> Read more: Fox (FOXA) Receives Green Signal to Buy a Stake at FanDuel
Fox had been facing a dispute with Flutter, the parent organization of FanDuel, over this deal over the past year, as the latter was demanding too high a price for an option to buy an 18.6% stake in FanDuel.
However, recently, an arbitrator has ruled that Fox has the option to buy a stake in sports-betting operator FanDuel Group from parent com...
>>> Read more: Fox (FOXA) Receives Green Signal to Buy a Stake at FanDuel
