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Horizon Acquisition Corp SPAC Jumps 20% On Potential Sportradar Merger
Wednesday, March 3, 2021 - 12:28pm | 471Read More...A sports data company is reportedly in talks to go public via a SPAC deal that could value the company at more than $10 billion. What Happened: Sportradar is in talks to go public via a SPAC merger with Horizon Acquisition Corp II (NYSE: HZON), according to Bloomberg. Sportradar provides data from...
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Hank Aaron Dies At 86; Braves, MLB Icon Held All-Time Home Run Record For 33 Years
Friday, January 22, 2021 - 11:03am | 186Read More...Henry "Hank" Aaron, the man who surpassed Babe Ruth's all-time home run record, died Friday at the age of 86, according to his daughter. Aaron was selected to 25 MLB All-Star Games, more than any player ever. His career stretched from 1952 through 1976, the large majority of that time...
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6 Sports SPACs To Consider For Your Investing Playbook
Friday, January 15, 2021 - 5:01pm | 645Read More...The SPAC market continues to offer new opportunities for investors to invest based on management teams and target areas of acquisition. Here is a look at six SPACs targeting the sports sector. Acies Acquisition Corp (NASDAQ:ACAC): Run by former MGM Resorts (NYSE: MGM) CEO James Murren, Acies...
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DraftKings Lands Partnership With Turner Sports, FanDuel Nets NBA Deal
Thursday, October 15, 2020 - 9:53am | 529Read More...Turner Sports announced two sports betting content and advertising deals Thursday, monetizing its rights to NBA, MLB and NCAA content. The DraftKings Deal: Turner Sports announced a partnership with DraftKings Inc (NASDAQ: DKNG) as the exclusive sports betting and daily fantasy sports content...
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The 2020 NBA Finals Ratings Are Historically Bad. But Why?
Saturday, October 10, 2020 - 3:27pm | 686Read More...Ratings for the NBA Finals are at an all-time low. While some have pointed the finger at the boycott by players and a social justice movement as the reason for the decline, it could be a number of factors impacting viewership. NBA Viewership Setting Records: The NBA finals are seeing 48% less...
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Boston Red Sox, Liverpool Going Public Via Billy Beane SPAC: WSJ
Saturday, October 10, 2020 - 10:49am | 643Read More...A sports SPAC is set to take Fenway Sports Group public in a deal valuing the company at $8 billion, according to The Wall Street Journal. About Fenway Sports Group: Fenway Sports Group is the owner of MLB’s Boston Red Sox and Liverpool Football Club of the English Premier League. Fenway...
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MLB Playoffs, New York Mets Sale Could Boost Atlanta Braves Stock
Tuesday, October 6, 2020 - 7:24pm | 721Read More...The Atlanta Braves are one of only a few publicly traded sports teams. The team's run in the MLB Playoffs and rising MLB valuations could help boost shares. Atlanta Braves Franchise: The Atlanta Braves were purchased by Liberty in 2007 for $400 million. The Braves are now one of several...
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The MLB Season Is 'Clearly In Jeopardy': Here's Why
Tuesday, July 28, 2020 - 12:43pm | 565Read More...The Major League Baseball season could in theory come to a grinding halt over the coming days after multiple Miami Marlins members tested positive for the COVID-19 virus. More Than One Team Impacted: At first glance, the health and safety issue appears to be confined to just the Marlins, but this...
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Marlins COVID-19 Outbreak Throws A Curveball At MLB Season, Sports Betting Stocks
Monday, July 27, 2020 - 12:20pm | 722Read More...Just days after Major League Baseball began its dramatically shortened season, multiple games have been postponed due to a COVID-19 outbreak among MLB players and staff. Concerns and rumors surrounding the remainder of the season has several stocks trading lower. What Happened: MLB has taken...
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Fox Sports CEO: Baseball Is Back And Fans Are Excited
Friday, July 24, 2020 - 12:05pm | 277Read More...The Major League Baseball season kicked off Thursday with empty stadiums, but Fox Sports invested "a lot of effort and technology" to make broadcasts "sound and feel as normal as possible," Fox Sports CEO Eric Shanks said during a Fox Business interview. What Happened: Fox...
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MLB Plans To Play A 60-Game Season: Report
Monday, June 22, 2020 - 10:35pm | 262Read More...Major League Baseball late Monday announced that clubs have voted unanimously to proceed with the 2020 season under a March agreement struck with the MLB Players Association. What Happened: The move follows the MLBPA rejecting the latest proposal of the league's Commissioner Rob Manfred...
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This Day In Market History: Supreme Court Rules Against Curt Flood In Landmark Sports Free Agency Case
Friday, June 19, 2020 - 9:15am | 281Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1972, the U.S. Supreme Court ruled against Major League Baseball player Curt Flood in a landmark case dealing with professional athlete free agency. Where The...
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Ty Cobb: The Greatest Pro Athlete Investor Of All Time?
Sunday, April 5, 2020 - 8:25am | 775Read More...Major League Baseball opening day 2020 has come and gone and it doesn’t look like players will be hitting the diamond any time soon due to the coronavirus (COVID-19) outbreak. However, players are still getting paid under the terms of a new deal between MLB and the players association....
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With Live Sports On Hold, ESPN And Fox Load Up On Pro Wrestling
Tuesday, March 31, 2020 - 2:52pm | 591Read More...The coronavirus (COVID-19) shutdown has left sports fans with few options given most major collegiate and professional leagues and events are in limbo for now. With limited options for live sports, Fox Corp (NASDAQ: FOX) and Walt Disney Co (NYSE: DIS) subsidiary ESPN are turning to World...
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Aramark's Stock Continues To Plummet On Sports Arena And Campus Closures
Tuesday, March 17, 2020 - 1:54pm | 495Read More...Shares of one of the largest stadium and campus food vending companies continued to plummet on Tuesday despite assurances it can weather the coronavirus shutdown that's closed off many venues where it would normally sell food. Aramark (NYSE: ARMK) shares are off more than 50% since the...
