DraftKings Paying $750M For Lottery App Jackpocket

[Gunnar Larson]

DraftKings Paying $750M For Lottery App Jackpocket
<https://www.law360.com/mergersacquisitions/articles/1803642?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-02-16&read_main=1&nlsidx=0&nlaidx=2>

By Al Barbarino

Digital sports and gambling company DraftKings Inc. said Thursday it has
agreed to acquire U.S. lottery app Jackpocket for approximately $750
million, with Sullivan & Cromwell LLP and Cooley LLP representing the
parties on the cash-and-stock deal.

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<https://www.law360.com/mergersacquisitions/articles/1803642?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-02-16&read_more=1&nlsidx=0&nlaidx=2>
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