Horizon Acquisition Corporation (HZAC) to Combine with Vivid Seats in $2Bn Deal

Horizon (NYSE:HZAC) has entered into a definitive agreement to combine with ticket marketplace Vivid Seats at an enterprise value of $2.059 billion, or 4.5x its 2022E revenue. Chicago-based Vivid provides a marketplace for the $39 billion concert, theatre and sporting event ticket market. Transaction Overview Horizon is funding the deal with about $544 million in
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