RBAC News and Press, RedBall Acquisition Corp. Class A From 10/15/21

NEW YORK, Oct. 15, 2021 (GLOBE NEWSWIRE) -- SeatGeek, Inc. (“SeatGeek”) today announced that management will virtually attend the J.P. Morgan Third Annual Media and Communications Industry Panel Forum on Monday, October 18, 2021. SeatGeek’s CEO Jack Groetzinger will par...

Bloomberg reported that RBAC is looking to acquire SeatGeek. There's also a source claiming its a done deal. Market reaction to the rumor has been tepid so far. I like the units best and think I'll hold onto these until the market reflects their relative value better. Fo...

Seth Klarman’s 13F portfolio value decreased from $12.56B to $12.33B this quarter. Baupost Group increased Micron Technology and Facebook while dropping Fox Corp. The portfolio continues to be heavily concentrated with the top three positions accounting for ~32% of the 13F ...

Seth Klarman’s 13F portfolio value increased from $10.84B to $12.56B this quarter. Baupost Group increased Alphabet and Intel while reducing Fox Corp and dropping ViacomCBS. They also built small stakes in several SPACs. The portfolio continues to be heavily concentrated wi...

A special purpose acquisition company backed by NFL star Patrick Mahomes, MLB ace Justin Verlander and other top athletes is set to begin trading Wednesday after a $250M IPO.Disruptive Acquisition Corp. I (DISA.U) sold 25M investment units at $10 apiece through its initial public offering.Eac...

SPAC Redball Acquisition (RBAC) jumped 1.2% over confusion with an investment company called RedBird Capital Partners.The Boston Globe earlier reported that Fenway Sports Group, the parent of Red Sox and Liverpool Football Club, approved a $750m investment that would make Redbird its thi...

Valuation of deal searching SPACs had trended higher and higher over the past two months, making it increasingly difficult to identify decent trades with favorable risk and reward profile. Current market selloff started to present long waited buying opportunities for solid SPACs such ...

Seth Klarman’s 13F portfolio value increased from $9.25B to $10.84B this quarter. Baupost Group added Intel, Marathon Petroleum, and a slew of SPACs during the quarter. The portfolio continues to be heavily concentrated with the top three positions accounting for ~36% of th...

Stock market indices rallied every day for their best week since early November as coronavirus vaccine news swayed investors' mood. The Nasdaq (COMP) leads major indices with 5% gains for the week. The broader S&P 500 (SP500) is up about 4% for the week, with the Dow Industrials (DJI) add...

Former New York Yankees great Alex Rodriguez is hoping to hit a home run on Wall Street, unveiling plans to raise as much as $575 million through an initial public offering for a new SPAC called Slam Corp. “We believe the company’s value proposition is uniquely suited to bring t...