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Wachtell, Wilson Sonsini Assist On $4.2B FanDuel Deal

By Benjamin Horney ( December 3, 2020, 10:36 AM EST) -- Ireland-based gambling conglomerate Flutter Entertainment, guided by Wachtell Lipton, has agreed to buy Wilson Sonsini-advised Fastball Holdings' entire FanDuel stake for $4. 175 billion, the companies said Thursday, in a deal that increases Flutter's Fanduel holding to 95% and positions it to capitalize on the growing U. S. gambling market. . . .

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