Entain Plc To Consider Revised Proposal From DraftKings - Quick Facts

Entain plc (ENT.L) confirmed that a further proposal from DraftKings was received on 19 September 2021. Under the latest proposal, DraftKings would offer 2,800 pence per Entain share consisting of 630 pence in cash and the balance payable in new DraftKings class A common shares. An earlier approach from DraftKings at 2,500 pence per share was rejected by Entain.

The Board of Entain stated that it will carefully consider the new proposal. It advised shareholders to take no action at this time.

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