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Cooley: Jackpocket Reaches Agreement to Be Acquired by DraftKings for $750 Million
February 17, 2024
NEW YORK, Feb. 17 -- Cooley, a law firm, issued the following news release:

Cooley advised Jackpocket, the first licensed third-party lottery courier app in the US, on its definitive agreement to be acquired by DraftKings (Nasdaq: DKNG) for $750 million . Partners Kevin Cooper and Jeff Laretto led the Cooley team advising Jackpocket.

Under the terms of the agreement, Jackpocket stockholders will receive a total consideration of approximately $750 million on a fully dilu . . .

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