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Opinion: Why investors fell in love with SPACs — and how the bubble burst

By   /  Thursday, July 1st, 2021  /  Banking & Finance, Latest news, Op/Eds, Opinion  /  No Comments

By Daniele D’Alvia, Queen Mary University of London What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent deal-making fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with one purpose: to buy another company. This Read More →

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