Entain Release Second Statement on DraftKings €19.1 Billion Takeover Bid Following Media Speculation

Entain has released a second statement following intense media speculation following a confirmed takeover bid by DraftKings. The second statement from the sports betting and gaming group confirms that it had rejected an initial offer from DraftKings and that a second improved offer was now under consideration.

In the statement the group assured shareholders that a decision would made soon:

“The Board of Entain will carefully consider the proposal and a further announcement will be made as and when appropriate. Shareholders are urged to take no action at this time.”

In a previous statement released earlier yesterday, Entain noted:

DraftKings has yet to release a statement or comment on the takeover bid.

Ciaran McEneaney

Entain Release Second Statement on DraftKings €19.1 Billion Takeover Bid Following Media Speculation