Skip to Content
Market Update

Will the SPAC Boom Benefit Investment Banks?

Two names are well-positioned to capitalize on potential SPAC opportunities.

Mentioned: , , , , , , ,

Special purpose acquisition companies, or SPACs, have become especially popular in the past couple of years. A SPAC is formed and taken public in an initial public offering with the sole intention of merging with a private company, thereby taking the private company public.

Michael Wong does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.