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No surprise: Goldman Sachs pulls SPAC offering

Goldman Sachs bowed to reality this week when it decided that it couldn't take Liberty Lane after all. The offering for the special purpose acquisition company (SPAC) was being closely watched as a Read more...
Tags: SPACs   Goldman Sachs  

SPAC boom starting to wane

Special purpose acquisition companies were hot tickets earlier this year, a rare bright spot in the IPO market. But FINalternatives notes that the boom seems to be over--for now anyway.

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Tags: SPACs   Hedge Funds  

NYSE's SPAC move: Misguided?

We've spoken a lot about the rise of special purpose acquisition companies, or SPACs. They were all the rage over the past few years, as more top investment banks got involved with them. They were Read more...