Blank Rome Honored for “Most Innovative Deal of the Year” at The Deal Awards Europe
Blank Rome was honored at The Deal Awards Europe for its significant role in Paddy Power Betfair’s notable merger of U.S. operations with FanDuel, which was named the The Deal’s “Most Innovative Deal of the Year.” The Firm, the combined company, and the investment advisers and outside counsel who worked on the deal were recognized at an awards ceremony held Thursday, November 1, at Aqua Shard in London.
The Deal’s inaugural European awards recognizes leading international lawyers, bankers, and investors in cross-border dealmaking. The “Most Innovative Deal of the Year” category honors the deal that most significantly transformed a company or industry, with at least one party with an interest in Europe or the UK. More information about the awards and winners can be found here. Full coverage of the awards can be found here.
The Paddy Power Betfair and FanDuel merger was first announced in May 2018, and garnered significant media attention. The combined company creates the largest online sports destination in the United States, bringing together the leader in international sports betting and gaming and the company that redefined fantasy sports. More information on this deal can be found here.