#Alex Rodriguez-backed SPAC looks to raise about 0M in IPO

#Alex Rodriguez-backed SPAC looks to raise about $500M in IPO

“#Alex Rodriguez-backed SPAC looks to raise about $500M in IPO” A blank-check firm backed by former New York Yankees slugger Alex Rodriguez and hedge fund Antara Capital is aiming to raise about $500 million in its initial public offering, a regulatory filing showed Thursday. Slam Corp., a special purpose acquisition company, said it would sell…

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#23andMe going public with help of Richard Branson-backed SPAC

#23andMe going public with help of Richard Branson-backed SPAC

“#23andMe going public with help of Richard Branson-backed SPAC” A blank-check firm backed by Virgin Group founder Sir Richard Branson is taking consumer DNA-testing firm 23andMe public in a deal that values the merged entity at $3.5 billion, the companies said Thursday. As part of the deal with VG Acquisition, 23andMe will receive proceeds of $759 million, which includes…

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#Dr. Martens valued at  billion in share sale

#Dr. Martens valued at $5 billion in share sale

“#Dr. Martens valued at $5 billion in share sale” Dr. Martens boots have been valued by rebellious youth through the decades. Starting Wednesday, the maker of the famous air-cushioned boots with the distinctive yellow stitching will be valued at some $5 billion when it sells shares publicly. Born in the aftermath of World War II…

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#WeWork in talks to go public through SPAC deal

#WeWork in talks to go public through SPAC deal

“#WeWork in talks to go public through SPAC deal” WeWork is in talks to go public through a merger with a special purpose acquisition company and is also exploring raising funds from private investors, a little over a year after its botched initial public offering, according to a source familiar with the matter. The office-sharing startup’s…

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#Saks Fifth Avenue reportedly plotting spinoff of Saks.com

#Saks Fifth Avenue reportedly plotting spinoff of Saks.com

“#Saks Fifth Avenue reportedly plotting spinoff of Saks.com” Saks Fifth Avenue is looking to spin off its dot-com business in a potential initial public offering within a year. The luxury retailer owned by Toronto-based Hudson’s Bay Co. left the Toronto Stock Exchange in March to become a privately held company, but management has prepared materials…

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# Coinbase buying spree continues with the acquisition of Bison Trails

# Coinbase buying spree continues with the acquisition of Bison Trails

“# Coinbase buying spree continues with the acquisition of Bison Trails ” Coinbase, the U.S.-based cryptocurrency exchange, has made another strategic acquisition — this time in the critical field of blockchain infrastructure.  The company announced Tuesday that it had acquired Bison Trails, a fully managed blockchain infrastructure provider, in a deal that provides a “foundational…

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