Yahoo Canada Web Search

Sign In

Search results

    • 53% premium

      • The wild spate of mergers and acquistions in the gambling industry continued Monday as DraftKings agreed to acquire Golden Nugget Online Gaming for $1.56 billion in stock. Golden Nugget Online shareholders will receive 0.365 shares of DraftKings stock, which puts the offer at a 53% premium to Golden Nugget Online shares’ closing price on Friday.
      www.cnbc.com/2021/08/09/draftkings-to-buy-golden-nugget-online-gaming-for-1point56-billion.html

      DraftKings to buy Golden Nugget Online Gaming for $1.56 billion

  2. People also ask

  3. www.draftkings.com › news-2021-08-draftkingsDRAFTKINGS REACHES AGREEMENT TO ACQUIRE GOLDEN NUGGET ONL...

    Aug 9, 2021 · The acquisition of Golden Nugget Online Gaming will deliver significant strategic benefits to DraftKings as well as expected synergies of $300mm at maturity. DraftKings will deploy a multi-brand strategy which will enhance cross-sell opportunities and drive increased market share and revenue growth.

  4. www.cnbc.com › 2021/08/09 › draftkings-to-buy-goldenDraftKings to buy Golden Nugget Online Gaming for $1.56 billion

    Aug 9, 2021 · Golden Nugget Online shareholders will receive 0.356 DraftKings shares, which is a roughly 53% premium to Golden Nugget Online’s stock on Friday. The deal brings 5 million customers into...

  5. Videos

    View all

  6. www.investors.com › news › dkng-stock-draftkingsDKNG Stock: DraftKings Sees Golden Nugget In Online Gaming ...

    Aug 9, 2021 · Golden Nugget shareholders will receive 0.365 DraftKings share per each share owned. That works out to $18.83 per share for Golden Nugget based on Friday's close, or a 53% premium.

  7. www.benzinga.com › m-a › 21/08/22400190DraftKings To Acquire Golden Nugget Online: What Investors ...

    Aug 9, 2021 · Golden Nugget Online Gaming shareholders will receive 0.365 shares of DKNG for each GNOG share they own. The deal values Golden Nugget Online at $1.56 billion based on Monday’s share price.

    • Chris Katje

  8. www.marketscreener.com › quote › stockDraftKings Inc. completed the acquisition of Golden Nugget ...

    May 4, 2022 · Under the terms of the merger agreement, Golden Nugget Online Gaming stockholders would receive a fixed ratio of 0.365 shares of New DraftKings' Class A Common Stock for each Common Share of Golden Nugget Online Gaming they hold.

  9. seekingalpha.com › news › 3727394-draftkingsDraftKings stock gains on acquiring Golden Nugget Online ...

    Aug 9, 2021 · DraftKings (NASDAQ: DKNG) has acquired Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock transaction at an implied equity valuation of ~$1.56B. As per the agreement, Golden Nugget...

  10. finance.yahoo.com › news › draftkings-completesDraftKings Completes Acquisition of Golden Nugget Online Gaming

    May 5, 2022 · Technology optimization. DraftKings plans to bring Golden Nugget Online Gaming onto its in-house technology, which is expected to deliver cost savings by reducing Golden Nugget Online...