Special purpose acquisition companies are promising 100% and 200% profits in mere days. Who wouldn’t want a piece of that action?
SPACs Sparkled In 2020, But What Lies Ahead For Them?
t might be hard in the midst of roaring markets and headlines trumpeting Dow 30,000 to remember that one of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC.
Bill Foley Raises $1.3 Billion For New Blank-Check Company
Bill Foley appears to be gearing up for another major acquisition, but the exact target remains an open question. A California wine magnate, owner of the…