Category: financial

Find expert witnesses and attorneys who can meet your needs

DraftKings Submits Superior Proposal to Acquire PointsBet’s U.S. Business

DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) has announced that it has delivered a letter to both the Non-Executive Chairman and Chief Executive Officer of PointsBet Holdings Ltd. (“PointsBet”) “setting forth an indicative offer to acquire” PointsBet’s U.S. business in an all-cash transaction with a purchase price of $195 million (the “Proposed Transaction”). DraftKings’ proposal represents a…
Read more

Wells Fargo Jumps In, Launches Sports & Entertainment Program

Wells Fargo has announced a new Sports & Entertainment Program “focused on recognizing and supporting financial advisors who serve clients within the sports and entertainment industries.” Wells Fargo claims it “has a long history of serving the complex needs of clients with significant wealth. With the availability of the Sports & Entertainment Accredited Wealth Management…
Read more