Originally published by Duane Rankin, AZ Central Phoenix Suns vice chairman and minority team owner, Jahm Najafi, has partnered with former NFL quarterback Colin Kaepernick in looking to raise up to $287 million through a special-purpose acquisition company with a social purpose in mind.
Originally published by Jill Goldsmith, Deadline Football great Colin Kaepernick has entered the ballooning word of SPACs, or special purpose acquisitions companies, and will be co-chairman of a new one called Mission Advancement Corp. He’s partnering with Najafi Cos.
Originally published by Andrew Beaton, The Wall Street Journal Colin Kaepernick is leading a group taking a blank-check company public, as the former San Francisco 49ers quarterback turned activist tries to bring his social justice causes to the booming SPAC industry. Mr.
This article is republished here from Yahoo/Sportico A $300 million investment into McLaren racing by Phoenix Suns co-owner Jahm Najafi and former San Diego Padres co-owner Jeff Moorad is a bet that Formula One can shift the sport’s economics to generate the massive franchise value growth seen in other major leagues.
This article is republished here from Yahoo/WWD Pattern Beauty isn’t just a hair-care brand. To actress Tracee Ellis Ross, its chief executive office and founder, it’s personal.
This article is republished here from Sky Sports US-based investors buying a big stake in McLaren, valuing the F1 racing team at more than £550m; McLaren selling a minority stake to investors including MSP Sports Capital, Sky News revealed; announcement formally made on Sunday ahead of final F1 race of 2020 in Abu Dhabi A consortium of US-based i…
This article is republished here from McClaren US sports investment group MSP Sports Capital acquires significant minority shareholding in McLaren RacingIntroduction of partner capital and expertise forms part of the Group’s ongoing strategyTransaction values McLaren Racing at £560m post-money, and strengthens team’s long-term pla…
This article is republished here from ESPN U.S.-based investment group MSP Sports Capital are taking a significant minority stake in the McLaren Formula One team, McLaren Racing said in a statement on Sunday.
This article is republished here from Reuters Dec 12 (Reuters) – McLaren are selling a minority stake in their Formula One team to a consortium of U.S.-based investors in a deal that will value the British racing outfit at 560 million pounds ($740.49 million), Sky News reported on Saturday, citing sources.
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