May 8, 2011 admin

No Slack with SPACs

Excerpt from Blogging Stocks

by Tom Taulli

Equities are ailing. And yes, the IPO market is basically dead.

But there is a bright spot: Special Purpose Acquisition Corporations (known as SPACs). Essentially, this is a new-fangled public offering.

So, what’s going on here?

Well, I had a chance to interview Andre Peschong, who is a veteran investment banker and has his own blog, Deal Flow Diaries.

Read full interview

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