The Chinese investors due to buy Italian storied soccer club AC Milan said on Friday that they remained committed to the deal and that the delays in the closing were out of their control. The accord, signed in August...
Sports Direct in talks to bid for Bob’s, Eastern Mountain Sports: sources
British sporting goods company Sports Direct International Plc is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob’s Stores and outdoor retailer Eastern Mountain Sports, people...
Fantasy sports arch rivals DraftKings, FanDuel to merge
The two biggest U.S. fantasy sports companies DraftKings and FanDuel said on Friday they would merge to cut legal bills and advertising spending after tussling for years to win customers. The tie-up could reduce costs...
Procam acquires 26% stake in Eventjini
Mumbai: Sports management firm Procam International Pvt. Ltd has acquired 26% stake in Eventjini, an online event registration and ticketing solution company. Procam did not disclose the financial details of the deal...
WME-IMG announces acquisition of UFC
* WME | IMG announces acquisition of UFC * WME | IMG says terms of transaction were not disclosed * IMG says Silver Lake Partners and KKR will join WME | IMG as new strategic investors, along with MSD Capital, L.P * IMG...
Blue Star Sports Acquires PrimeTime Sports
Blue Star Sports is rapidly growing and today announces the acquisition of PrimeTime Sports, its 4th acquisition in 90 days. PrimeTime Sports is a premier sports event management company. As one of the most recognized...
Twitter selling ad spots linked to NFL for over $50 million
Twitter paid for the right to stream 10 of the NFL Thursday night games, with CEO Jack Dorsey hinting that the deal would help earn better traffic. Micro-blogging website Twitter is planning to sell the ad packages...
DraftKings CEO discusses possible FanDuel merger, revival in New York
DraftKings CEO Jason Robins said that a possible merger between his company and FanDuel is a “very interesting idea” that could add value for shareholders and provide customers with a better service at a...
Fantasy-sports merger would face harsh reality
A fantasy merger may not help FanDuel and DraftKings escape a harsh reality. There’s some logic to uniting the two daily fantasy-sports gorillas, an idea that is being discussed, according to news reports. Bold-faced...
Johnson Health Tech’s Board of Directors approvals fully acquisition of Leisure Fitness Equipment
Johnson Health Tech :
* Says its Board of Directors approvals fully acquisition of Leisure Fitness Equipment LLC at up to $10 million
Source text in Chinese: 985.so/2SYW
Further company coverage: (Beijing Headline News)
Fanduel,Draftkings in merger talks amid legal fights – Bloomberg, citing sources
June 13 (Reuters) –
* Fanduel,Draftkings in merger talks amid legal fights – Bloomberg, citing sources Source text – (bloom.bg/1rmiCLT) (Bengaluru Newsroom)
Daily fantasy sports firms FanDuel, DraftKings in merger talks
The two largest daily fantasy sports companies, FanDuel Inc and DraftKings Inc, are in early-stage talks to merge, people familiar with the matter said on Monday, as the industry faces a crackdown by U.S. states over...
