SPACs

Online Bookmaker Betway Parent Super Group Bets On $5.1 Billion SPAC Deal
Online Bookmaker Betway Parent Super Group Bets On $5.1 Billion SPAC Deal
April 25, 2021  |  IPO

Super Group, the parent of online betting company Betway, is preparing to go public in a deal that would value Super Group at roughly $5.1...

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Hedge Fund Marshall Wace Issues SPAC Warning
Hedge Fund Marshall Wace Issues SPAC Warning
April 20, 2021  |  Investments

Hedge fund giant Marshall Wace is warning investors that special purpose acquisition companies (SPACs) could end up delivering “awful returns,” Bloomberg reported. Marshall Wace Co-Founder...

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Pulitzer Prize-Winning Madoff Book Author Sees Connection To His Crimes And Current Wall Street Environment
Pulitzer Prize-Winning Madoff Book Author Sees Connection To His Crimes And Current Wall Street Environment
April 19, 2021  |  Security & Fraud

Bernie Madoff died last week (April 14) closing a chapter on one part of his historical fraud and massive manipulation of the financial system. As...

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Michael Eisner-Led Trading Card Brand Topps Will Go Public Via SPAC
Michael Eisner-Led Trading Card Brand Topps Will Go Public Via SPAC
April 06, 2021  |  IPO

Trading card company Topps plans to go public through a special purpose acquisition company (SPAC), according to CNBC. Topps is best known for its line...

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SEC Official Raises Red Flag On SPAC Risks
SEC Official Raises Red Flag On SPAC Risks
March 31, 2021  |  IPO

Paul Munter, acting chief accountant at the Securities and Exchange Commission (SEC), issued a warning Wednesday (March 31) to Wall Street over the problems with...

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SPAC Boom Hits $1.3 Billion For Q1
SPAC Boom Hits $1.3 Billion For Q1
March 31, 2021  |  IPO

Global mergers and acquisitions (M&A) have seen their strongest developments in four decades in the first quarter of this year as special purpose acquisition companies...

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Today In Payments Around The World: Ripple To Purchase 40 Pct Of Tranglo; Cazoo To Reportedly Go Public By Merging With SPAC
Today In Payments Around The World: Ripple To Purchase 40 Pct Of Tranglo; Cazoo To...
March 30, 2021  |  International

In today’s top payments news around the world, Ripple said it has come to a deal to buy 40 percent of international payments specialist Tranglo,...

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Will WeWork Work In SPAC Land? 
Will WeWork Work In SPAC Land? 
March 29, 2021  |  IPO

Among the hallmarks of the special purpose acquisition (SPAC) go-to-market strategy is that small, quickly growing firms — the ones that are in need of...

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Wall Street Appetite For SPACs May Be Fading
Wall Street Appetite For SPACs May Be Fading
March 24, 2021  |  IPO

On Wall Street, the much-touted trend of special purpose acquisition companies (SPACs) might be on the way out, Reuters reported, as first-day trading pops are...

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