Thursday, 11 February 2021

Not so SPAC-tacular: Wall Street’s latest $US100 billion gamble

SPACs are the hottest thing in finance at the moment: Investors are giving publicly traded shell companies a blank cheque to go buy a business, sight unseen - and the cheques are getting bigger and bigger.

from Sydney Morning Herald - Latest News https://ift.tt/3a8Lkdl
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