RedBird Capital has amassed a more than 5% stake in Blade Air Mobility, an air-transportation provider
The private-equity firm RedBird Capital Partners has amassed a more than 5% stake in the air-transportation provider Blade Air Mobility Inc., according to the investment firm’s founder.
RedBird, best known for its investments in media companies and pro sports teams including the Boston Red Sox and AC Milan, has built the stake since originally taking a 1% position in Blade in 2021, according to the firm’s founder and managing partner, Gerry Cardinale.
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