DraftKings, FanDuel declare proposed merger dead

PROVIDENCE – Fantasy-sports betting rivals DraftKings and FanDuel have announced an end to their bid for a merger, after federal regulators blocked the proposal last month. In a statement released July 13, FanDuel CEO Nigel Eccles said the company still believes a merger would have benefited New York-based FanDuel’s growth and product development, but the…

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