FTC Obtains TRO To Halt DraftKings, FanDuel Merger
U.S. District Judge Ketanji Brown Jackson ordered the companies to avoid consummating the merger until after the court rules on the FTC’s motion for a preliminary injunction. The companies stipulated to the TRO on Monday, according to court records.
The FTC, in announcing its challenge, said the proposed combined company would control more than...
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