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Fox wins right to buy a stake in FanDuel, but not at the price it wanted

Por: CNBC Business November 05, 2022

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In this articleThe FanDuel Inc. app.Andrew Harrer Bloomberg Getty Images won the right to buy an 18.6% stake in sports betting company FanDuel Group from its parent company , but not at the valuation, according to a ruling Friday from a New York arbitrator.Should Fox exercise its option to take the stake, it would be at a price of at least $3.72 billion.The decision ends the more-than-yearlong, which has emerged as one of the leading U.S. sports... + full article



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