AT&T Inc. T. 2.39% Its DirectTV unit received bids to evaluate more than 15 billion satellite-TV services, including debt, as people familiar with the matter say, with the wind of the auction widely viewing the resolution. Churchill Capital Corp IV was among those who submitted bids above that level, CCIV …
Read More »UK betting firm Genius Sports to go public in B 1.5 1.5 billion SPAC deal
Genius Sports Group Ltd., a UK betting-data company Merged with a blank-check company to start trading on the New York Stock Exchange for billion 1.5 billion, targeting U.S. growing industries London-based Genius Sports collects and distributes sports data that forms the backbone for sports betting. The company works with organizations …
Read More »Billionaire Bill Ackman has a $ 4 billion “blank check” to buy a company, but hasn’t said which one
Billionaire hedge fund manager Bill Ackman, the largest “blank check” company, went public on Wednesday, with more than $ 4 billion in his kitty to acquire a still-undetermined company, and has two years to choose a . Pershing Square Tontine Holdings Ltd. PSTH.UT, + 7.97% is a special purpose acquisition …
Read More »Electric car maker Fisker will be released soon. Its founder has high hopes.
Text size Fisker Inc., a new maker of electric vehicles, will announce a merger with a SPAC. The company may be new, but its founder and namesake Henrik Fisker designed the BMW Z8 and Aston Martin V8 Vantage. He has high hopes for electric vehicles and some innovative ideas. Simon …
Read More »Spartan buys Fisker for $ 2.9 billion. What it says about hot electric vehicle stocks.
Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
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