Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks. The sports betting data provider is opting to pursue a conventional initial public offering (IPO).
Talks between the Swiss company and the SPAC founded by Todd Boehly started in early March and were rumored to value the target at $10 billion to $12 billion. At the time, it would have marked one of the bigges