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BILLIONAIRES

Billionaire Burkle’s SPAC Buys European Sporting Goods Retailers

Billionaire Burkle’s SPAC Buys European Sporting Goods Retailers

Burkle is throwing in $50 million to help close a sporting goods deal with his SPAC. AP Photo/Keith Srakocic, File Grocery store billionaire and Pittsburgh Penguins co-owner Ronald Burkle is getting into the sporting goods business. Burkle’s Yucaipa Acquisition, a SPAC that holds $345 million from an August IPO, has inked a deal...

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Burkle Keith Srakocic SPAC Signa Signa Sports United Yucaipa

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edition.cnn.com

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