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Jeff Sagansky, Harry Sloan Unveil New Investment Fund


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Jeff Sagansky and Harry Sloan have launched their fifth public acquisition fund with a $400 million initial public offering.

The sponsor of the new investment vehicle, Diamond Eagle Acquisition Corp., is Eagle Equity Partners, of which Sagansky is a member. The management team also includes Eli Baker as president, CFO and secretary. Sloan, who co-led four prior investment outfits with Sagansky, is also a founding investor in Diamond Eagle.

Each unit issued in the IPO consists of one share of Class A common stock and one-third of one warrant to purchase one share of Class A common stock at an exercise price of $11.50 per whole share.











About Mansha Daswani

Mansha Daswani is the editor and associate publisher of World Screen. She can be reached on mdaswani@worldscreen.com.

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