• Sports team owners scoring on blank-check company craze

    Sports team owners scoring on blank-check company craze

    The coronavirus crisis is fueling a craze for blank-check companies, and the billionaire owners of pro sports teams are cashing in. On Monday, Buffalo Bills owner Terry Pegula said in a securities filing he’s aiming to raise $300 million by selling shares in East Resources Acquisition Co., a blank-check company that’s looking to scoop up …