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Rich Schultz // Getty Images When Alex Rodriguez signed a $252 million contract in 2000, some people could not fathom a professional baseball player making that much money. Twenty years later, contracts have entered the $400 million stratosphere, than. ....

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Alex Rodriguez-backed SPAC looks to raise about $500 million in IPO


By Reuters Staff
2 Min Read
FILE PHOTO: Feb 23, 2017; Tampa, FL, USA; New York Yankees special advisor Alex Rodriguez talks with manager Joe Girardi (28) during spring training at George M. Steinbrenner Field. Mandatory Credit: Butch Dill-USA TODAY Sports
(Reuters) - A blank-check firm, backed by former New York Yankees slugger Alex Rodriguez and hedge fund Antara Capital, is aiming to raise about $500 million in its initial public offering (IPO), a regulatory filing showed on Thursday.
Slam Corp, a special purpose acquisition company (SPAC), said it would sell 50 million units, comprising shares and warrants, priced at $10 apiece in the IPO. (bit.ly/3aDoxoK) ....

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