Increased Competition: Tightens Spac Structures

O'Connor, Colleen Marie
February 2006
Investment Dealers' Digest;2/6/2006, Vol. 72 Issue 5, p7
Trade Publication
The article reports on the increase in the issuance of special purpose acquisition companies or Spacs in 2005 in the United States. Spacs are blank-check companies formed to make acquisitions of public or private businesses within a specific industry where management has expertise. Investors are attracted to Spacs as opposed to the typical private equity fund.


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