SPACs, or special purpose acquisition companies, are touted as a quick way to take companies public — avoiding the usual, lengthier route of initial public offerings.
Merriam Webster added 455 words to dictionary, including “blank check company.”
WeWork is merging with a special purpose acquisition company, hitting the stock market in a way that might be less costly and less risky.
Investors are piling into “blank-check” companies. Some experts are worried.
A top JPMorgan banker explains what you need to know about the Wall Street craze that’s going global.
