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Esports Company FaZe Clan Valued at $1 Billion After Deal to Go Public in SPAC Merger

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Todd Spangler NY Digital EditorFaZe Clan says it’s about to become a unicorn.The esports and gaming media company announced plans Monday to combine with a special purpose acquisition company (SPAC) in a deal to become a publicly traded entity — giving it an implied value of $1 billion.FaZe Clan, founded in 2010, said it combine with B.

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