Beacon Street to go public via $3 bln SPAC merger

  • 3/2/2021
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March 2 (Reuters) - Beacon Street Group said on Tuesday it had agreed to go public by merging with blank-check firm Ascendant Digital Acquisition Corp, in a deal valuing the digital subscription services platform at a pro-forma enterprise value of $3 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sriraj Kalluvila)

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