SCAC

Saban Capital Acquisition Corp

A special purpose acquisition company, or "blank check" firm, that raised money from investors to buy a private business and take it public. Created in 2016 by Saban Capital Group, the investment firm of media mogul Haim Saban, it agreed in 2018 to acquire camera maker Panavision, but the deal fell through and the company liquidated in 2019. Saban is the creator of Mighty Morphin Power Rangers.