SPACs

© Reuters. FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum and DogeCoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Jonathan Stempel NEW YORK…

© Reuters. Chief executive officer of Moelis & Co., Ken Moelis (C), smiles after ringing the bell to mark the company's IPO on the floor of the New York Stock Exchange shortly after the opening bell in New York April 16, 2014.…

The S.E.C. homes in on key SPAC features The S.E.C.’s chair, Gary Gensler, has made clear for months that he is worried about the risks faced by investors in special purpose acquisition companies, which over the past two years have become a…

WASHINGTON—Securities and Exchange Commission Chairman Gary Gensler took aim Thursday at blank-check companies known as special-purpose acquisition companies, or SPACs, saying they provide ordinary investors…

Startup chief executives are turning a cold shoulder to SPACs.Skeptical CEOs say they are turning down offers from special-purpose acquisition companies, deleting their solicitous emails and tapping the brakes on merger deals amid…

By Katherine Chiglinsky Warren Buffett warned investors that Berkshire Hathaway Inc. might not have much luck on striking deals amid the SPAC boom. “It’s a killer,” Buffett said about the influence of special purpose acquisition companies…