SPACs: An Alternative Wav to Access the Public Markets
Lost amidst the news of the real estate crisis, soaring oil prices, undercapitalized banks, and falling stock prices is a trend that has been quietly building in the U.S. capital markets. Instead of doing traditional IPOs, companies are increasingly going public by merging with Special Purpose Acquisition Companies, commonly known as SPACs. Copyright (c) 2008 Morgan Stanley.
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Volume (Year): 20 (2008)
Issue (Month): 3 ()
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