Yucaipa Acquisition Corporation (YAC) Adds Additional $100M to SIGNA Sports Deal
Yucaipa Acquisition Corporation (NYSE:YAC) announced this afternoon that it has secured an additional $100 million for its combination with SIGNA Sports United. This additional funding comes almost two months after Yucaipa signed a backstop agreement, worth up to $178 million, and upsized its PIPE by an additional $70 million. The backstop agreement from October, which
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