The legal tussle around special purpose acquisition companies (SPACs) intensified on Friday as a group of U.S. law firms hit out against lawsuits last week that called for blank-check firms to be regulated as investment companies. SPACs are acquisition vehicles that use IPO capital to take a private company public, and can make investments and… Continue reading U.S. Law Firm Group Pushes Back on Lawsuits Calling for SPAC Regulation
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