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DraftKings Stops PointsBet Pursuit As Fanatics Increases Bid

DraftKings announced on Wednesday that it was no longer pursuing an acquisition of the U.S. business of fellow sports betting company PointsBet after another gaming company, Fanatics, upped its own offer for the business to $225 million.

Renee-hickman

Dechert, Shearman Rep On MedTech's $370M SPAC Merger

Chinese medical technology company Baird Medical and special-purpose acquisition company ExcelFin said Monday they would combine to take Baird public at a value of $370 million, in a deal guided by legal advisers Dechert and Shearman & Sterling.

China
Chinese
Renee-hickman
Shearman-sterling
Baird-medical

PHOTOS: Summit County youth overcome wet conditions, dominates French Gulch trail race

As cars started to stream into the B&B trailhead parking lot off French Gulch Road in Breckenridge, thunder started to boom and rain started to steadily pour down from the sky. While many people peeled.

Hayden-van-andel
Cody-jones
Mark-martin-williams
Arthur-whitehead
Becky-peltier
John-mcdonald
Meghan-hill
Olivia-jerrems
Eryn-kubinski
Shane-nelson
Cain-steinweg
Elliot-drumwright

Merck's $10.8B Calif. Biotech Buy Goes Unchallenged By FTC

The 30-day deadline for the Federal Trade Commission to review Merck's $10.8 billion purchase of biotechnology company Prometheus has passed without challenge, according to a filing with the U.S. Securities and Exchange Commission by Prometheus Biosciences Inc.

Prometheus-biosciences-inc
Exchange-commission
Renee-hickman
Federal-trade-commission

Antitrust Chief Says Canada Needs Competition Law Overhaul

Canada's Competition Commissioner Matthew Boswell urged an overhaul of the country's competition law following the Competition Bureau's failure to block a $20 billion merger between wireless providers Rogers Communications and Shaw Communications.

Canada
Matthew-boswell
Shaw-communications
Competition-bureau
Rogers-communications
Renee-hickman
Competition-commissioner-matthew-boswell

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