Payments recovery company MSP's SPAC deal to value combined firm at $32.6 bln- Bloomberg News
12/07/2021 06:47
July 12 (Reuters) - MSP Recovery has agreed to go public
through a merger with Lionheart Acquisition Corp II LCAP.O
giving the combined company an enterprise value of $32.6
billion, Bloomberg News reported.
MSP specializes in recovery of Medicare and Medicaid
secondary payments.
The deal could be announced as soon as Monday, Bloomberg
News said, citing sources.
(Reporting by Sneha Bhowmik; Editing by Shailesh Kuber)
((Sneha.Bhowmik@thomsonreuters.com;))
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