Harry Sloan, Jeff Sagansky Launch IPO for Silver Eagle Acquisitions Corp.


NEW YORK: Silver Eagle Acquisitions Corp., which was founded by Harry E. Sloan and Jeff Sagansky, has unveiled the terms of its IPO.

The outfit, which is focused on acquiring businesses in the media, plans to start its initial public offering of 25 million units at $10 per unit, planning to raise $250 million. Each unit issued in the IPO will consist of one share of the company’s common stock and one warrant to purchase one half of one share of common stock at a price of $5.75 per half share.