LCAP - SPAC Lionheart Acquisition II is said in talks to take payments recovery company MSP public

Hazal Ak/iStock via Getty Images SPAC Lionheart Acquisition II (LCAP) is said in talks with MSP Recovery in a deal that may value the combined company at more than $30B. The deal with MSP Recovery may be announced in coming weeks and MSP Recovery's law firm affiliate may separate from its data business, which would combine the Lionheart, according to a Bloomberg report. MSP Recovery describes itself as the country's leading Medicare & Medicaid recovery specialist, according to its website. Lionheart Acquisition, which is led by Ophir Sternberg, last year took burger chain BurgerFi (BFI) public through a SPAC deal with Sternberg, who was the chairman of a SPAC at the time called Opes Acquisition Corp. Also see, SPAC, Lionheart III offers 10M units IPO.

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SPAC Lionheart Acquisition II is said in talks to take payments recovery company MSP public