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Draftking Corporate Merger

I have to account for the corporate merger of Diamond Eagle and Draftking. I use Corporate Acquisition and identify DEAC as Company Acquired and DKNG was Acquiring Company, 1:1 share, and closing price of DEAC on the day before the merger, And then nothing happens. The transaction is not in the Register and DKNG is not added to my Security List. In fact I can't even directly add DKNG to the Security List.

Best Answers

Answers

  • Tyka, NotACPA:
    I think it may have been a timing issue as DKNG symbol did not exist perhaps until 4/27. In any event, today I am able to add DKNG to my Security List. Thank you both.
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