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Tech Startup in $1.6B Merger Talks with Ricketts-Owned SPAC

Whether and to what extent you are warmed by the blanket Tom Ricketts and his fellow owners knitted with the yarn they spun about biblical losses in 2020, it’s no secret that several of their sports-adjacent enterprises are doing quite well. One of those in the Ricketts family’s case is Marquee Raine Acquisition Corp., a special purpose acquisition company that raised roughly $374 million in a December IPO with an aim to play in the technology, media, and telecom sector. More specifically, they’re expected to target online gambling.

According to a Bloomberg report, Marquee Raine is in talks with tech startup Enjoy Technology Inc.