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Fanatics raises $320 million, hints at IPO

Fanatics has some fans willing to invest more money in it. The licensed sports merchandise retailer just announced it raised $320 million, bringing the retailer’s valuation to $12.8 billion, more than double its previous valuation of $6.2 billion six months ago. The retailer, which is owned by Kynetic LLC, No. 15 in the Digital Commerce […]

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