SPAC Speculation in Hollywood and Beyond, From Harry Sloan - NewsBreak

If there's two things Harry Sloan knows, it's special purpose acquisition companies (SPAC) and the media business. Sloan has co-founded a record seven SPACs as the co-founder of Eagle Equity Partners, including the most successful such venture to date: sports-betting hub DraftKings, where he also serves as vice chairman. He's also a well-known name in Hollywood, where his highest-profile stints including chairman/CEO of MGM and founder of international TV colossus SBS Broadcasting. With both the SEC and Congress paying more attention to SPACs, the sheer volume of these deals is likely to continue tapering off, according to Sloan on the latest episode...