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DraftKings To Go Public In Combination With Diamond Eagle, SBTech by Brian Pempus

DraftKings and SBTech have joined the consolidation party.

On Monday, one of the leading online sportsbooks in the nascent U.S. market announced a deal that will see it combine with Diamond Eagle Acquisition Corp., a publicly traded special purpose acquisition company, and SBTech, a business-to-business tech company in the online gambling world.

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