There were two Batman/Spawn crossovers in 1994, one each from Image and DC. (They don't connect, by the way, and each shows the first meeting of Spawn and Batman.) This is DC's. There's nothing too sophisticated about it, but I enjoyed it.
Firstly, it's drawn by Klaus Janson. I love Janson. You wouldn't go to him for Bolland-like accuracy, but I love his crude, thick-hewn energy.
As for the story, it's supernatural fun with the 1590 mystery of the Roanoke Colony and a man who can climb from his grave and strip the flesh off cats. Spawn initially assumes that Batman is a devil (which seems reasonable, given his outfit). I liked how Spawn's written. He was evil in his old life as Al Simmons, taking a hitman job that Batman witnessed, while in his current Hellspawn form he'll react to a bloody human sacrifice by saying, "Sloppy. You shouldn't sign your work before you finish."
This 1994 comic appears to predict the 2001 September 11 attacks. On p10, the baddies are planting some bombs and say, "Those creeps across the water are paying us big to make the World Trade Center look like a firecracker." (In fact, that's a reference to a 1993 terrorist bombing.)
The dead will rise. A demon will talk too much at the finale, in a font type that makes his dialogue harder to read. Is it great? Hell, no. Is it even good? By Batman standards... yeah, sure. It's dark, violent, exciting and it has Batman and Spawn in it. You could do worse.