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Fanatics ‘in talks’ to acquire sports betting company Tipico

Michael Rubin, chief executive of the expanded Fanatics group (Photo by Mike Coppola/Getty Images for Fanatics)

Global sports merchandising company Fanatics is in talks to acquire European sports betting company Tipico as the firm looks to make significant inroads into the gambling landscape.

According to CNBC, the two sides are at an impasse on price but talks are ongoing.

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