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Tag: SPAC

Ackman’s SPAC signs deal to buy 10% of Vivendi’s Universal

Billionaire investor William Ackman’s Pershing Square Tontine Holdings (PSTH.N) signed a deal to buy 10% of Universal Music Group (UMG), Taylor Swift’s label, for about $4 billion, the companies said on Sunday.

EXCLUSIVE Fusion SPAC aims to beat London rush with new blank-check firm -sources

LONDON, June 16 (Reuters) – Fusion Acquisition Chief Executive John James is in talks to launch a new blank-check company which could soon file for a London listing with the aim of becoming the first to take advantage of a new British SPAC regime, sources told Reuters.

Mark Cuban-backed banking app Dave to go public in $4 bln SPAC merger

Billionaire Mark Cuban-backed Dave said on Monday it would go public through a merger with a blank-check firm sponsored by investment firm Victory Park Capital, valuing the banking app at $4 billion.

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