Connected jukebox firm TouchTunes has announced plans to merge with Victory Acquisition Corp, in a deal that will take TouchTunes public. As part of the deal, Victory is assuming around $40 million in net debt. The new company will be known as TouchTunes. TouchTunes claims it has 38,000 kiosks, which are installed in bars and clubs around the US, generate more than three billion “consumer visits” annually.
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In the year or so since its launch, AI startup Kaiber has been making waves,…