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Skillz Going Public at $3.5 Billion Valuation in Latest SPAC Gaming Deal

Skillz Inc. -- a provider of mobile games and esports tournaments -- is merging with Flying Eagle Acquisition Corp. (NYSE:FEAC) in a deal setting...

Todd Shriber September 2, 2020

DraftKings Rallies as Michael Jordan Becomes Investor, Board Advisor

Shares of DraftKings (NASDAQ:DKNG) rallied early Wednesday on news that Michael Jordan is taking an equity position in the daily fantasy sports (DFS) company...

Todd Shriber September 2, 2020