DraftKings to Acquire Golden Nugget Online Gaming in an All-Stock Transaction
Vinson & Elkins advised Spectrum Gaming Capital as financial advisor to Golden Nugget Online Gaming, Inc. in a definitive agreement between DraftKings Inc. and Golden Nugget Online Gaming, Inc. for DraftKings to acquire Golden Nugget Online Gaming in an all-stock transaction that has an implied equity value of approximately $1.56 billion.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
For more information, please speak with our media contacts.