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Redbox CEO: How Company Plans to Stand Out Amid Streaming Wars

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Redbox is going public via a SPAC in a deal that values the company at $693 million. 

The company is merging with the Seaport Global Acquisition SGAM special-purpose-acquisition company, a deal giving the movie-rental company an enterprise value of $693 million.

Redbox CEO Galen Smith joined TheStreet to discuss why they're going public and why they're not the next Blockbuster.

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