News – Eagle Investment Partners

DraftKings to Become Public Company, Creating the Only Vertically-Integrated U.S.-based Sports Betting and Online Gaming Company

DraftKings, Diamond Eagle Acquisition Corp. and SBTech Enter Business Combination Agreement Institutional Investors Commit to Invest $304 million at Closing DraftKings CEO and Co-Founder Jason Robins to lead combined company Investor Call Scheduled for Monday, December 23 at 11AM ET BOSTON and LOS ANGELES – DECEMBER 23, 2019 – DraftKings Inc. (“DraftKings”), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, has entered into a […]

Platinum Eagle Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants

LOS ANGELES, March 5, 2018— Platinum Eagle Acquisition Corp. (Nasdaq: EAGLU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 32,500,000 units completed on January 17, 2018 (the “offering”) may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on March 5, 2018. Any units not separated will continue to trade on The Nasdaq Capital Market under the symbol “EAGLU”, and […]

Variety: Jeff Sagansky, Harry Sloan Partner on New Acquisition Company With $325 Million IPO (EXCLUSIVE)

Veteran Hollywood executives Jeff Sagansky and Harry Sloan are launching Platinum Eagle Acquisition Corp. with a $325 million initial public offering. It’s the fourth such acquisition vehicle (dubbed a special purpose acquisition company) that the duo has developed since 2011, following Global Eagle Acquisition, Silver Eagle Acquisition, and Double Eagle Acquisition, which raised a combined $1.3 billion for investment purposes. Platinum Eagle will be looking to invest in media companies as did Global Eagle, which moved into in-flight entertainment holdings, […]

Deadline.com: Jeff Sagansky & Harry Sloan Announce Platinum Eagle Acquisition Corp With $325 Million IPO

Industry executives Jeff Sagansky and Harry Sloan have teamed to launch their fourth investment fund Platinum Eagle with a $325 million initial public offering. Sagansky (Sony, CBS, Scripps Networks board member) and Sloan (MGM, SBS Broadcasting and Lionsgate board member) have dubbed Platinum Eagle (Nasdaq: EAGLU) as a special purpose acquisition company. Since 2011, the duo has previously developed acquisition vehicles Global Eagle Acquisition, Silver Eagle Acquisition, and Double Eagle Acquisition, which all have raised $1.3 billion for investment purposes. “With our fourth […]

Platinum Eagle Acquisition Corp., Led by Media Exec Jeff Sagansky, Announces Closing of $325 Million IPO

FOR IMMEDIATE RELEASE: Platinum Eagle Acquisition Corp., Led by Media Exec Jeff Sagansky, Announces Closing of $325 Million IPO LOS ANGELES, Calif. — January 17, 2018 — Platinum Eagle Acquisition Corp. (Nasdaq: EAGLU), the fourth public acquisition vehicle led by media executive Jeff Sagansky, today announced the closing of its $325 million initial public offering of 32,500,000 units at $10.00 per unit, including $25 million, or 2,500,000 units, sold pursuant to the underwriters’ partial exercise […]

The Wrap: Hollywood Execs Jeff Sagansky, Harry Sloan Launch Investment Firm With $325 Million IPO

Platinum Eagle Acquisition Corp. will focus on media and entertainment investments Longtime Hollywood execs Jeff Sagansky and Harry Sloan have partnered on their fourth venture, launching media-focused Platinum Eagle Acquisition Corp. on Wednesday with a $325 million initial public offering. Sloan, the former chief of MGM Studios, and Sagansky, an ex-Sony and CBS executive, have raised a combined $1.3 billion since 2011 for their other acquisition vehicles — Global Eagle Acquisition, Silver Eagle Acquisition, and Double […]

Advanced Television: Platinum Eagle fund from Sagansky and Sloan

Serial media entrepreneurs Jeff Sagansky and Harry Sloan have raised $325 million in their new Platinum Eagle Acquisition fund designed to take advantage of what they say is a particularly compelling time for the industry. The fund will be listed on the NASDAQ exchange (trading as EAGLU). The IPO prospectus says the fund will be used mainly for merger and acquisition activity. “Platinum Eagle’s efforts to identify a prospective initial business combination target will not […]