Sunday, December 22

Tag: Shell Company

Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal
22Dec By adminNo Comments
World

Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal

Lions Gate Entertainment has agreed to separate its studios business and merge it with Screaming Eagle Acquisition, a special-purpose acquisition company.The deal, which the companies said values the studios business at about $4.6 billion including debt, will create a new, standalone publicly traded company, called Lionsgate Studios.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Chinese Gamer-Networking App Nears SPAC Merger in Hong Kong
8Dec By adminNo Comments
World

Chinese Gamer-Networking App Nears SPAC Merger in Hong Kong

Updated Dec. 7, 2023 10:17 pm ETA Chinese social-networking platform aimed at Gen Z users is nearing a deal to go public by combining with a blank-check company listed in Hong Kong.Quwan Holding’s deal with the special-purpose acquisition company, Vision Deal HK Acquisition, is set to be announced as early as Friday, assuming talks don’t fall apart, people familiar with the matter said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More