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Higher Collective acquires Playmaker HQ for $54m.

Better Collective has acquired American sports media company Playmaker HQ for $54m (£42.6m/€49.5m). The sale will consist of $15.0m in cash upfront, $1.0m in deferred payments and up to $38.0m in performance-based earnout payments over a three-year period. To reach the full earn-out payments, Playmaker HQ will have to generate more than $75.0m in accumulating

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