As U.S. watchdog steps up scrutiny, Grab deal signals blank-check party peak

As U.S. watchdog steps up scrutiny, Grab deal signals blank-check party peak

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-usa-sec-spacs-analysis/as-u-s-watchdog-steps-up-scrutiny-grab-deal-signals-blank-check-party-peak-idUSKBN2C125Z

WASHINGTON/NEW YORK (Reuters) -While the blank-check deals market reached new heights this week with Grab Holdings' record $40 billion merger, some lawyers and regulatory experts said the exuberance was unlikely to last as the U.S. securities watchdog steps up scrutiny of such deals.

As U.S. watchdog steps up scrutiny, Grab deal signals blank-check party peak

Apr 15, 2021, 2:22am UTC
https://www.reuters.com/article/us-usa-sec-spacs-analysis/as-u-s-watchdog-steps-up-scrutiny-grab-deal-signals-blank-check-party-peak-idUSKBN2C125Z >WASHINGTON/NEW YORK (Reuters) -While the blank-check deals market reached new heights this week with Grab Holdings' record $40 billion merger, some lawyers and regulatory experts said the exuberance was unlikely to last as the U.S. securities watchdog steps up scrutiny of such deals.