which is merging <\/a>with dMY Technology Group, Inc. II (NYSE:DMYD) in a blank-check deal valuing the target at $1.5 billion.<\/p>\nIt’s not yet clear how a Sportradar transaction will affect Genius Sports. However, it is clear that some well-known investors are going to cash in regardless of how Sportradar goes public.<\/p>\n
Those include the Canada Pension Plan Investment Board (CPPIB) and private equity firm TCV, and three NBA owners \u2014 Mark Cuban of the Dallas Mavericks, Michael Jordan of the Charlotte Hornets, and Ted Leonsis of the Washington Wizards.<\/strong><\/p>\nSpeaking of NBA owners, the aforementioned Palihapitiya is a co-owner of the Golden State Warriors.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sportradar is inching closer to going public and is reportedly in talks with various special purpose acquisition companies (SPAC). Those negotiations could value the sports betting data provider at $10 billion or more. The company is also mulling a traditional initial public offering (IPO), and it’s not immediately clear on which route the data firm […]<\/p>\n","protected":false},"author":46,"featured_media":164884,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1],"tags":[],"acf":[],"yoast_head":"\n
Sportradar Eyeing $10 Billion Valuation in IPO or SPAC Deal - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n