Dodgers' Boehly Leads $100 Million DraftKings Investment
- Investment is the first since DraftKings-FanDuel merger plan
- Proposed combination still requires federal antitrust approval
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DraftKings Inc. has closed a funding round led by Los Angeles Dodgers part owner Todd Boehly’s Eldridge Industries LLC, the company said.
DraftKings’ emailed statement Thursday in response to a Bloomberg inquiry didn’t disclose how much was raised in the investment, the first since it agreed to merge with FanDuel Inc. The Series E1 round is for more than $100 million, according to people familiar with the matter who asked not to be identified because the information isn’t public.