DraftKings Acquires DraftStreet for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e07cfa6-0fbd-427f-90ba-fe537dad53e0
Date
7/16/2014
Company Name
DraftStreet
Mailing Address
Undisclosed New York, NY 10017 USA
Company Description
As of today, we are very pleased to announce that DraftStreet has been acquired by DraftKings, a fellow leader in daily fantasy sports. DraftStreet has been an overwhelming success, surpassing all of our expectations when we started the business, and we owe that to you, our loyal players.
Website
http://www.draftstreet.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the deal were not disclosed by the parties.