Month: June 2021

Sportradar Cancels $10B SPAC Deal, Eyes IPO

Sportradar called off its SPAC deal with a blank check company, and will consider a traditional IPO instead.

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$600M Merger Involving ATP and WTP In Works

CVC Capital Partners, a private equity firm, is in detailed negotiations regarding a $600 million deal that would merge the ATP and WTA.

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Chernin Group Raises $1 Billion, Adds New Partners

The Chernin Group announced Tuesday that it is raising $1 billion in its latest funding round, according to Axios.

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Health Startup Backed by Rory McIlroy Hits $1B Valuation

LetsGetChecked, the world’s only personal health testing service, has raised $150 million, giving the startup a valuation of $1 billion.

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Endeavor CEO Sees Coming Wave of Content Spending

A new wave of content spending is coming, according to Endeavor CEO Ari Emanuel, who sees more consolidation coming.

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Simone Biles Tour To Take Over Post-Olympic USA Showcase

Simone Biles is headlining the “Gold Over America Tour,” making a statement of female empowerment following a history of abuse in gymnastics.

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The Great U.S. Bicycle Shortage

Bicycles and bike parts have too much money chasing too few products, creating price inflation and supply chain backups.

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Cuban, Kraft Back Fintech App’s $4B SPAC Merger

Dave, a fintech backed by Mark Cuban and Robert Kraft, is going public through a SPAC merger that values the company at $4 billion.

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The Biggest Deal in Esports History

TSM has announced a $210 million naming rights partnership with FTX. The deal is the largest of its kind in gaming history.

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Manchester United Offers Ownership To Win Back Fans

Manchester United is trying to win back the trust of its fans, and the club has reportedly decided to offer ownership shares in the team.

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