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Source: Sportradar Reaches Deal To Go Public Via SPAC
Company valued at $10-$12 billion in recent weeks as rumors of partnership have swirled
Sports Handle Monday evening.
The source, who spoke to
Sports Handle on condition of anonymity, did not reveal the name of the SPAC or the terms of the deal. While Sportradar, a Switzerland-based sports betting data provider, may formally announce a partnership in the coming days, an announcement is not expected on Tuesday, the source said.
The deal comes as speculation has intensified over the last week that the data provider had entertained a bevy of offers to go public, either through a SPAC or a traditional IPO. Last month, ....

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