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Tuesday, 01/21/2020 10:48:13 AM

Tuesday, January 21, 2020 10:48:13 AM

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DraftKings being acquired by DEACU - Nasdaq DEAC

https://www.otcmarkets.com/stock/DEACU/news/story?e&id=1505088

LOS ANGELES--(BUSINESS WIRE)-- Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sagansky, announced today that its subsidiary, DEAC NV Merger Corp., has filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (the “Registration Statement”), which includes a preliminary proxy statement/prospectus, in connection with its recently-announced proposed business combination with DraftKings Inc. (“DraftKings”), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, and SBTech (Global) Limited (“SBTech”), an international turnkey provider of cutting-edge sports betting and gaming technologies. The combined company will be the only vertically-integrated sports betting and online gaming company based in the United States.