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Page 7 - பின்செருவ் கையகப்படுத்தல் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SPAC Weekly Wrap: Signs of Life in SPAC Land

SPAC Weekly Wrap: Signs of Life in SPAC Land The SPAC market has stabilized a bit as things almost got back to normal this week. Several M&A deals were announced with some (RICE, MUDS) performing quite well. Pre-IPO activity remained light though and two were downsized. Author: Apr 9, 2021 A bit of return to normalcy this week as it feels like the low point of the SPAC market is behind us. New issues actually traded up (unlike the tail end of March) and several deals were met with investor enthusiasm. Highlights include: Rice Acquisition RICE soaring day-1 +52% on its announcement of Aria/Archaea

SPAC Market Continues Recovery & Biggest SPAC Discounts for Thursday

SPAC Market Continues Recovery & Biggest SPAC Discounts for Thursday The SPAC market has come back to an equilibrium where pre-deal SPACs trade close to NAV, good deals get rewarded, post-announcement execution can drive big returns, and strong IPOs could see high demand and a little pop too. Author: Apr 8, 2021 SPAC investors should be pleased with how the SPAC market went from peak SPAC just a few months ago to operating efficiently. There is still more to get cleared out and any combination of bad deals, silly IPOs, or bad news could change the mood, but for now investors will have confidence in the way it is operating. 

Carl Icahn s investment firm appoints former GE dealmaker as CEO

By Reuters Staff 2 Min Read FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid (Reuters) -Billionaire activist investor Carl Icahn’s investment firm on Monday named General Electric Co veteran and a former dealmaker, Aris Kekedjian, as its president and chief executive officer. Kekedjian, who has worked with GE for about three decades until 2019, will replace Icahn Enterprises LP’s CEO Keith Cozza. Cozza, leaving on May 31, joined Icahn’s investment vehicle in 2004 and took over as the CEO in 2014. Chief Financial Officer SungHwan Cho will also be departing, Icahn Enterprises said, adding it was currently searching for a successor.

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