February 7, 2025
Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules

Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company…
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