PointsBet to engage with DraftKings after $195M U.S. bid

PointsBet will engage with DraftKings, which on Friday submitted a proposal to buy the Australia company's U.S. business for $195 million.

"The Directors of PointsBet have considered the DraftKings Proposal; and acting in good faith, have determined that the DraftKings Proposal could reasonably be expected to lead to a Superior Proposal, and, to this end, PointsBet, will now engage with DraftKings on the DraftKings Propo