Alex Rodriguez’s Slam Corp. was in talks with sports card and memorabilia company Panini about a potential merger. However, according to Bloomberg, any potential deal is deal is now off the table.
Panini was allegedly weighing the possibility of selling until A-Rod’s SPAC opened merger discussions in July of this year.
However, like Topps’ potential deal with an SPAC, this deal appears to have been killed by the aggressive deals recently secured by Fanatics.
Slam Corp. reportedly pulled out of talks of a merger after Panini failed to renew their two biggest licensing deals with the National Basketball Association and National Football League.