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DKNG

DraftKings

$57.03 /

-3.38 (-5.60%)

, GMVHF

Entain

$26.52 /

+ (+0.00%)

09:33
09/21/21
09/21
09:33
09/21/21
09:33

DraftKings offers $20B in cash and stock for Entain, CNBC reports

DraftKings (DKNG) has made a $20B cash and stock offer to acquire Entain (GMVHF), CNBC's David Faber reports, citing sources. MGM Resorts (MGM), a partner of Entain, announced in January that it declined to make a formal bid for the company. DraftKings made the "serious" offer for Entain a few days ago, sources told Faber. Shares of DraftKings are up 27c to $57.27 in early trading.

DKNG

DraftKings

$57.03 /

-3.38 (-5.60%)

GMVHF

Entain

$26.52 /

+ (+0.00%)

MGM

MGM Resorts

$41.30 /

-0.26 (-0.63%)

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