#Latest news with #blankcheckBloomberg8 hours agoBusinessBloombergGoldman Ditches Ban on SPACs as Blank-Check Firms Stage ComebackBy and Todd Gillespie Save Goldman Sachs Group Inc. is wading back into the market for SPACs three years after stricter regulatory scrutiny prompted a self-imposed ban on handling so-called blank-check companies. The investment bank is once again open to underwriting new deals for special-purpose acquisition companies, according to people with knowledge of the matter. The firm will evaluate potential deals on a case-by-case basis and may limit the sponsors it works with, one of the people said, asking not to be identified discussing private matters.
Bloomberg8 hours agoBusinessBloombergGoldman Ditches Ban on SPACs as Blank-Check Firms Stage ComebackBy and Todd Gillespie Save Goldman Sachs Group Inc. is wading back into the market for SPACs three years after stricter regulatory scrutiny prompted a self-imposed ban on handling so-called blank-check companies. The investment bank is once again open to underwriting new deals for special-purpose acquisition companies, according to people with knowledge of the matter. The firm will evaluate potential deals on a case-by-case basis and may limit the sponsors it works with, one of the people said, asking not to be identified discussing private matters.