Today news
About the same in other media
Spac craze crumbles into liquidations
Reading now: 993
fnlondon.comDuring the boom in blank-check companies, their creators couldn’t launch them fast enough. Now they are rushing to liquidate their creations before the end of the year, marking an ugly conclusion to the Spac frenzy.
With few prospects for deals soon and a surprise tax bill looming next year, special-purpose acquisition companies are closing at a rate of about four a day this month, nearly the same pace they were being launched when the sector peaked early last year.
Roughly...
Read more on fnlondon.comAbout this in other media
US political chaos continues into 6 January Capital riots anniversary euronews.com /1 year ago
'Free the Leopards!' Campaign aims to 'embarrass' Germany into sending tanks to Ukraine euronews.com /1 year ago
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi cointelegraph.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
