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DRAFTKINGS AND FANDUEL, two of the most successful startups in daily fantasy-sports betting, have terminated their proposed merger after the U.S. Federal Trade Commission voiced antitrust concerns last month.

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...

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