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Risk
SPACs Get More Bad News as Several Close
The pullbacks of Palihapitiya, Ackman and other investors illustrate the blank-check companies’ rough road.
The pullbacks of Palihapitiya, Ackman and other investors illustrate the blank-check companies’ rough road.
The mauled blank check funds have a ticking clock: Deliver promised acquisitions or be liquidated.
Ever since the SEC’s spring crackdown, these once-popular investments have wilted. But their excesses are being leached away.
The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say.