Redbox, valued at $693 million, set to go public and gatecrash streaming services' party

Redbox, an American video rental company specializing in DVD, Blu-ray, 4K UHD rentals, is planning to go public under the symbol "RDBX" following its acquisition by Seaport Global Acquisition Corp., a special purpose acquisition company (SPAC). Once public, Redbox will be valued at $693 million. Investors backing the deal include...