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Fox acquires FANDUEL shares at a price 2.2 billion dollars below market value

Fox acquires FANDUEL shares at a price 2.2 billion dollars below market value

FOX Corporation CEO Lachlan Murdoch confirmed at the Goldman Sachs Communacopia and Technology Conference the strategic move to initiate the acquisition of an 18.6% stake in sports betting giant FanDuel. This anticipated deal is renowned for its financial savvy, as Murdoch emphasized that the transa

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Accel Entertainment reports 5.7% revenue growth in Q2 2024

Accel Entertainment reports 5.7% revenue growth in Q2 2024

Accel Entertainment has announced its financial results for the second quarter of 2024, with total revenue reaching $309.4 million, up 5.7% year over year. The figure reportedly topped analysts' expectations of $301.3 million. The company reported GAAP earnings of $0.17 per share, beatin

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