Alex Rodriguez on why he's starting a new blank check company

Slam Corp. is a new blank check company that will make its debut on the Nasdaq Tuesday. The SPAC is seeking to raise up to $500 million and will look to target a company in the sports, media, entertainment or health and wellness sector. Alex Rodriguez, CEO of Slam Corp., and Himanshu Gulati, the SPAC's chairman, joined "Squawk Box" on Tuesday to discuss.
Tue, Feb 23 20219:17 AM EST