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A new sector list, SPACs |
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Fri, Nov 14, 2008, 4:23:55 PM
(480 views) |
posted by:
joe
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I have created a list of SPACs (Special-purpose acquisition companies). Here is the definition of a SPAC from wikipedia:
A Special-purpose acquisition company (SPAC) is a pooled investment vehicle that allows public stock market investors to invest in private equity type transactions, particularly leveraged buyouts. SPACs are shell or blank-check companies that have no operations but go public with the intention of merging with or acquiring a company with the proceeds of the SPAC's ini ... (more) |
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