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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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