Fanatics Raises $1.5B, Valuing Company at $27BWritten by: Todd Shriber

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Investors are fanatical about Fanatics, as they recently pumped $1.5 billion into the sports merchandise maker, valuing the aspiring gaming company at $27 billion. The latest funding round for Michael Rubin’s privately held company included existing investors as well as BlackRock, Fidelity, and MSD Partners — an investment vehicle controlled by Dell founder Michael Dell.
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