News Release

Fox Scores Victory In Fanduel Litigation, Wins Right To Buy 18.6 Percent Stake For $3.72b

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A ruling revealed earlier today by New York’s Judicial Arbitration and Mediation Services (JAMS) in Fox Corp.’s (NASDAQ:FOXA) favor paves the way for the media company to acquire 18.6% of FanDuel. The decision, which ends long-running litigation brought by Fox against FanDuel parent Flutter Entertainment (OTC:PDYPY), allows the broadcast giant to purchase a previously agreed […]

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