Deals
Blank-Check Firm Led by ‘Moneyball’ Maestro Beane Files For IPO
- RedBall will focus on sports, media and data analytics targets
- SPAC is backed by private equity firm RedBird Capital Partners
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RedBall Acquisition Corp., a blank-check company co-led by Billy Beane, the baseball executive featured in “Moneyball,” on Tuesday filed to raise $500 million in an initial public offering.
The special purpose acquisition company, backed by private equity firm RedBird Capital Partners, will offer 50 million units at $10 apiece, according to the filing with the U.S. Securities and Exchange Commission.