Fanduel in talks to merge with DraftKings: source

June 13, 2016 8:02 PM

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Fanduel in talks to merge with DraftKings: source

FanDuel Inc has been in talks to merge with DraftKings Inc, a person familiar with the matter said on Monday, in a deal that could combine the two largest U.S. daily fantasy sports companies at time when both face a regulatory crackdown.

The source said no deal is certain and asked not to be identified because the negotiations are confidential. FanDuel declined to comment, while DraftKings did not immediately respond to a request for comment.

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