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DraftKings Closes On $300M Series D Funding Round, Eyes International ExpansionPublished in SportsBusiness Daily on 07 / 27 / 15
DraftKings has closed on a $300M Series D round of venture funding, valuing the company at more than $1B and "extending a historic wave of investment" into the daily fantasy sports space, according to Eric Fisher of SPORTSBUSINESS JOURNAL. Fox Sports "led the round, joined by MLB, the NHL, MLS, Madi...
Oakley Chair & President Jim Jannard decided to forgo compensation in ''97, "a year in which the sunglasses supplier saw its profits sag," according to Patrice Apodaca of the L.A. TIMES. Oakley spokes
Zapata Corp., controlled by Bucs Owner Malcolm Glazer and his family, "bought two online magazines Monday and plans to buy more," according to Kris Hundley of the ST. PETERSBURG TIMES. TX-based Zapata
Fleet Financial Group announced it has arranged $405M in financing for MLB. The credit facility will be used by participating MLB teams to refinance existing debt and for general corporate purposes. T
American Skiing Company (ASC) and the consolidation of the ski industry were examined by CNBC''s Tyler Mathisen on "Business Center." While ski resorts used to be small, family-owned businesses, "Toda
Oakley announced improved financial results for its 1Q, ended March 31. Net income for the period grew 138% to $1.3M, or $0.02 a share, compared with net income of $0.6M, or $0.01 a share, for the com
SportsLine USA announced that its secondary public offering of four million shares of common stock was priced at $37.625 per share. Of the shares being offered, 2,288,430 shares are being offered by S
Callaway Golf reported net sales of $176.9M for the first quarter ended March 31, 1998, an increase of 5% over 1Q ''97. However, net income decreased 54% to $11.2M, and diluted earnings per share decr
The Walt Disney Co. reported Wednesday that earnings rose 22% in its fiscal 2Q ended March 31 "as theme-park and ESPN operations more than offset lower creative content segment results and film write-
Reebok Int''l said Wednesday that its first-quarter profit fell 49% and company officials "predicted another tough quarter ahead with no improvement expected until autumn at the earliest," according t
SportsLine USA announced a record revenue and site traffic for the first quarter ended March 31. Revenue increased 359% to $6.79M in the first quarter ''98 from $1.48M during the same period of ''97.