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.
SPAC South Mountain Merger to combine with Billtrust in deal with $1.3 billion enterprise value
South Mountain Merger Corp. SMMC, +15.55%, a special purpose acquisition corporation, or SPAC, said Monday it has reached a deal to merge with Billtrust, a cloud-based payment…
SPACs Lure Payments Firms (And Others) — With Speed Bumps Ahead?
Special purpose acquisition companies (SPACs) are gaining traction in the payments space — but might there be speed bumps ahead? To that end, as reported…