HZON - Sportradar and SPAC Horizon Acquisition II are said to extend deal talks

Horizon Acquisition Corp. II (HZON), the SPAC led by Los Angeles Dodgers co-owner Todd Boehly, and Sportradar are said to have agreed to extend a window to work out an acquisition agreement.The parties have just recently starting sharing financial information with potential investors, according to Sportico.Bloomberg and Sportico reported in early March about a potential deal that could value the data company at $10B. Sportico now says progress has been slow, though both sides have expressed optimism a final deal will be reached.Horizon fell partly last month after Sportradar competitor Genius Sports, which is being taken public through dMY Technology II (DMYD), was awarded an NFL contract to be its new data partner.Another Boehly led SPAC, Horizon Acquisition Corp. (HZAC), late last month announced a deal to take Vivid Seats public.

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Sportradar and SPAC Horizon Acquisition II are said to extend deal talks