Previously we looked at Pershing Square Tontine and Universal Music Group (UMG). Subsequently, the SPAC deal got pulled due to SEC concerns. Instead, Pershing Square announced to go ahead with the purchase of a 5-10% stake in UMG by itself. As mentioned in the prior post, Spotify has played an…
Month: August 2021
On and off I have been loosely following the online sports betting market in recent years. Lately I finally had a chance to do a deeper dive into the sector and particularly the company, DraftKings. People are often excited about gambling stocks and related investment opportunities. Personally I am not…