Former CBS CEO Joe Ianniello and former ViacomCBS Chief Digital Officer Marc DeBevoise have filed with the SEC to create a SPAC, a special purpose acquisition company which plans to raise $300M in an IPO to target private companies in the media, entertainment and sports sectors for merger.
Source: https://www.forbes.com/sites/mikevorhaus/2021/07/25/former-cbs-and-viacom-executives-form-argus-acquisitions-a-300m-spac/
