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CPP-Backed Sports Gambling Firm in Deal Talks With Boehly SPAC

  • Horizon Acquisition Corp. II raised $525 million in October
  • Sportradar’s backers include Michael Jordan, Mark Cuban
Updated on

Swiss gambling data company Sportradar AG is in talks to go public through Todd Boehly’s special purpose acquisition company Horizon Acquisition Corp. II, according to people with knowledge of the matter.

A transaction value couldn’t immediately be learned. As with any deal that hasn’t been finalized, it’s possible terms change or talks fall apart. Representatives for Horizon Acquisition and Sportradar declined to comment. Shares in Horizon Acquisition Corp. II rose 28% in pre-market trading Wednesday.