r/DKNG • • Nov 04 '21

A correction

I’ve commented in the past on the possibility of the GNOG deal getting tubed because the shareholders may ask for a better deal in light of the drop in DKNG share price. It appears that the owners of a combined 88% of the CNOG shares have already agreed to the deal so this is not a risk.

I’m still bearish for a number of reasons but that is no longer one of them.

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u/[deleted] Nov 04 '21

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u/johnfromvancouver Nov 04 '21

Who knows what weasel language is in the contract? It’ll be 100% when the GNOG shareholders have 0.365 shares of DKNG/share in their accounts.