SPAC Saturation?
April 21, 2008
New research indicates the acquisition company IPO market isn't expected to be overly robust in 2008, according to Palo Alto, Calif.-based SPAC Research Partners. The research firm expects the number of acquisition companies going public in 2008 will decline 10%, while 25% of all SPAC acquisitions are expected to be vetoed by shareholders in 2008.
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