Acquisition

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DraftKings acquires DraftStreet, combining major daily fantasy platforms
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Boston-based DraftKings has acquired one of its fantasy sports rivals, DraftStreet, in a move that will increase its user base by 50 percent, according to the company. The deal combines the second- and third-largest daily fantasy sports sites, and should create a stronger competitor for industry leader FanDuel. Financial terms were not disclosed. Read More