A group of entertainment industry insiders lost their bid Wednesday to end litigation challenging the blank-check transaction they engineered to take online gaming platform Skillz Inc. public.
Shareholder claims against CBS Entertainment ex-president Jeff Sagansky, former MGM Studios chairman Harry Sloan, and other architects of the merger between Skillz and a special purpose acquisition company will move forward after a Delaware judge, Vice Chancellor Paul A. Fioravanti Jr., found them sufficient.
The same group previously designed a similar listing involving sports betting giant
The lawsuit, filed in 2022, also targets Eagle Equity Partners II LLC, the entity ...
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