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FSG Services LLC v. Flutter Entertainment PLC
Case Number:
1:22-cv-09487
Court:
Nature of Suit:
Judge:
Firms
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January 04, 2023
Fox Purchase Option In FanDuel Worth $3.7B, Court Confirms
A federal judge in Manhattan has confirmed that Fox would need to pay at least $3.7 billion to exercise its option to buy 18.6% of FanDuel, according to an uncontested decision that precedes a separate fight over plans for the online betting platform to be taken public.
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November 07, 2022
Fox Seeks OK Of Award On $3.72B FanDuel Purchase Option
Fox is seeking a court order to enforce an arbitral award pegging the value of its contractual option to purchase an 18.6% stake in FanDuel at $3.72 billion, under which the fantasy sports site's Irish owner has also agreed to hold off from taking the company public for now.