JAMS decides Fox dispute over betting brand stake
Fox and Flutter are fighting over the valuation of a stake in the FanDuel sports betting platform (Credit: Shutterstock/viewimage)
A JAMS arbitrator has ruled that Fox will have to pay over US$3.7 billion if it wants to acquire a stake in a fast-growing US sports betting brand – nearly twice as much as the Rupert Murdoch-owned entertainment group had argued for.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now