DraftKings and FanDuel may be reaching merger deal

REUTERS/Mike Segar Fantasy-sports companies DraftKings and FanDuel may be nearing a deal to merge, ESPN reported Friday. The potential agreement between the companies, which were both valued at over $1 bilion in 2015, was decribed as "imminent" and could be announed as early as next week, according to unnamed sources cited by ESPN. If the deal were to happen, the companies would comprise an estimated 90% of the daily fantasy sports industry, which could raise questions from regulators about thei...