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FanDuel, PE Firms Want Merger Suit To Follow Scottish Law

By Zachary Zagger (November 30, 2020, 10:39 PM EST) -- A New York federal judge questioned Monday whether FanDuel Inc. and private equity firms Shamrock Capital Advisors LLC and KKR & Co. were asking FanDuel's founders and several former shareholders to meet too high a standard in a bid to toss claims they conspired with conflicted directors to cut the founders and common shareholders out of the fantasy sports company's 2018 merger with Paddy Power Betfair PLC....

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