Flutter Entertainment (FLUT) is in advanced talks to acquire a further 5% stake in FanDuel from Boyd Gaming (BYD) in a deal expected to be worth close to $2B, Mark Kleinman of Sky News reports via X. An agreement could be announced this week, according to Sky.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Flutter Entertainment price target raised to $302 from $284 at BTIG
- Flutter Entertainment Advances Share Buyback Program
- Flutter Entertainment resumed with a Buy at Jefferies
- Odds On: S&P 500 inclusion expectations reset after surprise pick
- Flutter Entertainment price target raised to 25,200 GBp from 25,000 GBp at Citi