Who says the DVD is dead? Not DVD rental giant Redbox, which believes the discs not only have life to them, but also that they’d make a good investment.
Koch Industries Accelerates Shift to Tech and Loads Up on SPACs
Spring Creek has also emerged as a significant player in the SPAC frenzy, investing in more than 250 special purpose acquisition companies sponsored by firms including Apollo Global Management Inc., Fortress Investment Group and TPG.
‘Frustrated’ Limited Partners Are Questioning PE-Sponsored SPACs
Private equity firms that sponsor blank-check companies raise the potential for conflicts of interest with their own funds, according to PitchBook.
SPACs and Covid spark M&A frenzy not seen since the dotcom boom
Deals worth $1.3tn were struck in the first quarter of 2021 in a year-to-date record driven by a number of mega deals and the surge in SPACs.
Rumor: Shutterfly in Talks to Go Public Through SPAC Merger
Shutterfly Inc. is in talks to go public through a merger with a blank-check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. took the online-photo-book maker private.
EV Maker Fisker To Make NYSE Trading Debut Today After SPAC Merger
Electric vehicle maker Fisker Inc announced Thursday it has completed a reverse merger with the blank check company Spartan Energy Acquisition Corp SPAQ 0.11%.
The Rise Of SPACs
One of the very interesting topics Directors are hearing about is a liquidity structure called a SPAC (Special Purpose Acquisition Company). As Directors get invited to join Boards of SPACs or do their diligence if a SPAC is right for their private company, I share some information I think will be helpful.