Tag: securities

Are SPACs Really “œInvestment Companies “?

Not according to 49 major law firms! Earlier this month, a shareholder of Pershing Square Tontine Holdings, Ltd., filed derivative litigation against the company’s board, its sponsor and other related companies, contending that the company, a SPAC organized by a billionaire hedge-fund investor, is really an investment company that should […]

Cooley / August 30, 2021

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Tag: securities

Are SPACs Really “œInvestment Companies “?