RedBall’s effort to take the Red Sox public may have fallen through, but it managed to get into business with one of the team’s owners anyway. Hedge fund billionaire Seth Klarman has taken an 8.6% stake in the SPAC, according to a regulatory filing today.
Atlanta Falcons minority owner behind latest sports-related SPAC
Sports Ventures Acquisition filed with the US securities and exchange commission (SEC) on 9th October with an aim of raising US$200 million from its initial public offering.
Billy Beane’s RedBall SPAC Gets Millennium as An Investor
(Bloomberg) — Izzy Englander’s Millennium Management is getting in on the SPAC frenzy by snapping up a 7.8% stake in…
SPAC (“Blank Check Company”) Investing Guide
Special purpose acquisition companies (SPACs) – also called “blank check companies” – have surged in popularity this year. That’s because…
What is a SPAC? 6 Best SPACs to Buy
6 SPACs investors should know. Rather than dealing with the hassle of an initial public offering, an increasingly popular alternative…