BUZZ-Lionheart Acquisition Corp II surges on second-biggest SPAC deal with MSP Recovery

** Blank-check co's shares up 8.6% at $10.74 premarket ** Stock set to open at highest in about five months

** Co to take payments recovery firm MSP Recovery public in $32.6 bln SPAC deal ** Deal would be the second-biggest SPAC merger ever, behind the ~$40 bln Grab Holdings-Altimeter Growth Corp merger

** Agreement will fetch $230 mln in proceeds for MSP - LCAP, which had its IPO in August ** As of last close, shares were down ~2% YTD

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