The potential , Fanatics, and PointsBet sale has taken yet another turn, as the directors of PointsBet have considered the DraftKings proposal and determined it could be expected to lead to a Superior Proposal.
The board of directors on the potential sale of the company s U.S. assets this morning, noting that the board has considered the DraftKings proposal and acting in good faith, have determined (after consultation with the company s financial and legal advisors) that the DraftKings Proposal could reasonably be expected to lead to a Superior Proposal.
PointsBet, with assistance of its financial and legal advisors, announced it will now engage with DraftKings on its proposal to purchase the U.S. assets of the company for $195 million.
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