Deals
Fanatics Raises $1.5 Billion With $27 Billion Valuation
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Fanatics Inc. raised $1.5 billion in a funding round that values the sports merchandise and memorabilia company at $27 billion, according to a person with knowledge of the matter.
Investors included Fidelity Management & Research Co. and funds operated by BlackRock Inc. and MSD Capital LP, said the person, who asked not to be named because the transaction was private.