M&A

Rush Street Interactive latest to sign SPAC deal worth $1.78bn

Operator to merge with NY Stock Exchange-listed dMY Technology in $390m IPO deal

Rush Street Interactive (RSI) has followed in the footsteps of DraftKings and Golden Nugget by merging with a special purpose acquisition company (SPAC) to form a combined public group worth $1.78bn. The operator has been valued at 5.4x its forecasted 2021 FY revenue of $320m having teamed up with SPAC dMY Technology. As part of…

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