Former Sony PlayStation Executive Floats $225M Gaming SPAC
Jack Tretton, the former CEO of Sony Group Corp’s (NYSE:SONY) Sony Computer Entertainment America, led a $225 million special-purpose acquisition company (SPAC)…
Starbucks Teams With Taylor Swift On ‘Red (Taylor’s Version)’ Album Promotion
Starbucks Corporation (NASDAQ: SBUX) is teaming with Taylor Swift in promotion of the music icon’s release of her “Red (Taylor’s Version)” album scheduled for Friday.
Mamma Mia! ABBA Reunites After Four Decades For New Album, Virtual Concert
The 1970s Swedish pop quartet ABBA is reuniting for the first time since 1982 for a new album and a virtual concert.
Bill Ackman’s SPAC Abandons Universal Music Group Deal Over SEC Objections
Billionaire investor Bill Ackman's SPAC Pershing Square Tontine Holdings (NYSE: PSTH) said on Monday it is no longer pursuing a deal to buy 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY).
8 Key Takeaways From The PSTH SPAC Analyst Day, With Universal Music Group Merger Details
Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company’s merger and remaining company.
Bill Ackman’s SPAC To Buy 10% Stake In Universal Music Group From Vivendi In $4B Deal
Pershing Square Tontine Holdings (NYSE: PSTH), a blank-check firm owned by billionaire investor William Ackman said on Sunday it is buying 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY), for about $4 billio
SPACs Attack Recap: Looking Back At 5 SPAC Deals, New SPAC Rumors And Headline News
Last week featured five announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.”
SPAC Deals:
Bill Ackman SPAC Deal For Universal Music Group Could Face Battle From Dan Loeb, Among Others
Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction.
George Harrison’s ‘All Things Must Pass’ Receives 50th Anniversary Re-Release
“All Things Must Pass,” George Harrison’s landmark 1970 album, is being released in an extravagant 50th-anniversary presentation that includes previously unheard recordings and ephemera related to its creation.
Bill Ackman SPAC Announces Universal Music Deal: Could Investors See A #1 Hit?
The long wait is over to see what Bill Ackman will acquire with the Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Ackman confirmed the company it had been in discussions with Friday morning while also announcing another target could be on the way.