4 ms·
Are SPAC's some kind of new financial inventions? I see this term popping up quite frequently.
by jyriand 6y ago
Are SPAC's some kind of new financial inventions? I see this term popping up quite frequently.
- loganfrederick 6y agohttps://www.forbes.com/sites/antoinegara/2020/11/19/the-looming-spac-meltdown/?sh=77a98bf070d7 https://www.forbes.com/sites/antoinegara/2020/11/19/the-loom...
- JumpCrisscross 6y ago> Are SPAC's some kind of new financial inventions? Relatively recent, yes. Special purpose acquisition companies (SPACs) are a re-branding and evolution of the 1980s' blank cheque companies [1]. [1] https://openscholarship.wustl.edu/cgi/viewcontent.cgi?article=1160&context=law_lawreview https://openscholarship.wustl.edu/cgi/viewcontent.cgi?articl...