Daily fantasy sports (DFS) market leaders DraftKings and FanDuel have confirmed months of speculation that the two companies are to merge.
The two firms said that the proposed merger, the financial details of which have not been disclosed, would enable them to to better serve consumers and to achieve profitability.
The transaction is expected to allow for a range of operational efficiencies and cost savings, which in turn will allow the combined business to focus on developing new [...]
