Genesis Park Acquisition, a blank check company formed by Genesis Park targeting the aviation industry, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The Houston, TX-based company plans to raise $200 million by offering 20...
If you own a company or work in the banking sector, you may be hearing the term “SPAC” 10 times a day now. It seems to be an increasingly common belief that SPACs are becoming the new go-to alternative to private equity fundraising. I traded SPACs in the...
American Airlines AAL.O said on Friday it has secured a $5.5 billion government loan and could tap up to $2 billion more in October depending on how the U.S. Treasury allocates extra funds under a $25 billion loan package for airlines. Airlines have until Sept. 30 to...
Kevin Mayer, the erstwhile CEO of TikTok and former longtime Disney executive, is in advanced discussions to join private equity firm RedBird Capital Partners. While at Disney, Mayer was known as the dealmaker behind its Pixar and Marvel acquisitions and was also the...
London-based buyout firm Mayfair Equity Partners has pocketed an internal rate of return of 43% with the sale of its majority stake in the in kid-safe technology company SuperAwesome to Epic Games, an American video game and software developer. Deal terms are not... 