KKR offloads Flutter Entertainment stake after stock surges

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KKR offloads Flutter Entertainment stake after stock surges

The websites of the fantasy sports sites DraftKings and FanDuel are seen on a computer screen on Tuesday, June 14, 2016. DraftKings and FanDuel are reported to be discussing a merger agreement. (© Richard B. Levine)

Overnight trade was executed after interest in a ‘sizable’ purchase was made

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