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Lynk's SPAC Combination Expected in Second Half of 2024

Satellite operator Lynk Global's business combination with special purpose acquisition company Slam Corp. is expected in the second half of 2024, Slam said Monday. The deal will take Lynk public, with the two operating as Lynk Global Holdings, said Slam, established by former MLB star Alex Rodriguez and Antara Capital founder Himanshu Gulati. The transaction still needs approval of both companies' shareholders. It was announced in December (see 2312190004).