FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Golden Nugget Online Gaming to be Acquired by DraftKings in an All-Stock Transaction”
Golden Nugget Online Gaming, Inc (NASDAQ: GNOG) surged over 48% in premarket trading after DraftKings reached an agreement to acquire the company in an all-stock transaction.
The acquisition has an implied equity value of approximately 1.56 billion dollars and will enable DraftKings to leverage Golden Nugget’s well-known brand, iGaming product experience and existing combined database of more than 5 million customers.
Golden Nugget Online Gaming, Inc. is a leading online gaming company that is considered a market leader by its peers and was first to bring Live Dealer and Live Casino Floor to the United States online gaming market. GNOG was the recipient of 15 eGaming Review North America Awards, including the coveted “Operator of the Year” award in 2017, 2018, 2019 and 2020.
For more information, please visit: Golden Nugget Online Gaming, Inc.
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