Playboy’s stock has been on a tear as investors cheer the adult entertainment company’s reinvention and foray into non-fungible tokens.
Vice.com’s parent company, Vice Media, is in “advanced talks” to merge with ex-Morgan Stanley exec Jack Leeney’s SPAC. 7GC & Co. Holdings, according to a report from The Information.
SPAC NextGen Acquisition Corp. jumped as much as 40% on Monday before paring gains after a Reuters report suggested the company is in talks to take the EV truck-maker Xos Trucks public.
Shark Tank investor Kevin O’Leary shared his SPAC-picking strategy during CNBC’s Halftime Report on Tuesday.
Billionaire Richard Branson, who is founder of the Virgin Group has joined the “blank-check” frenzy and is looking to raise $400 million to fund a possible takeover.