Celebs including A-Rod and Ciara are getting into SPACs. What could go wrong?
The fact that athletes, politicians and musicians are backing SPACs underlines the staggering sums of cash being poured into the sector. Once reserved to the backwaters of Wall Street, these reverse merger companies are all the rage in this era of rock-bottom interest rates and sky-high market valuations. And the nature of these deals — … Read more