Ackman Gears Up for Unicorn Hunt With $4 Billion Blank-Check IPO

Ackman Gears Up for Unicorn Hunt With $4 Billion Blank-Check IPO

Large, venture-backed businesses that haven’t gone public yet be advised: by the end of Tuesday billionaire investor Bill Ackman could have as much as $4 billion in his back pocket ready to put toward a bumper acquisition. Ackman’s blank-check company — the...
Bridgepoint, RedBird eye European soccer deals

Bridgepoint, RedBird eye European soccer deals

US-based investor RedBird Capital Partners has agreed to buy an 85% stake in French soccer team Toulouse FC, while UK’s Bridgepoint has approached England’s Football Association for a stake in the Women’s Super League, according to Sky News. The...

Hard-hit sports world finds new fans: private equity firms

CVC Capital Partners, Bain Capital, and Cinven are among the private equity investors circling Serie A, Italy’s top-flight soccer league, for a possible stake. Should a deal close, an influx of new capital couldn’t arrive at a better time.  Serie A, like...