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Analysis-U.S. companies snub SPACs amid concerns they cannot deliver Reuters 1 hour ago By Echo Wang and Anirban Sen Popular Searches (Reuters) - Advertising technology firm Simplifi Holdings was ready to go public last month at a valuation of close to $2 billion when some investors balked. The Fort Worth, Texas-based company was seeking to raise around $300 million in financing for its merger with D and Z Media Acquisition Corp, a special purpose acquisition company (SPAC) led by media entrepreneur Betty Liu. Despite assurances from bankers at Goldman Sachs Group Inc that they could raise the private investment in public equity (PIPE) required, many big mutual funds and hedge funds passed on the deal because of concerns it was overvalued, according to people familiar with the situation. ....
Analysis-US companies snub SPACs amid concerns they cannot deliver Toggle share menu Advertisement 25 May 2021 07:10PM Share this content Bookmark REUTERS: Advertising technology firm Simplifi Holdings was ready to go public last month at a valuation of close to US$2 billion when some investors balked. The Fort Worth, Texas-based company was seeking to raise around US$300 million in financing for its merger with D and Z Media Acquisition Corp, a special purpose acquisition company (SPAC) led by media entrepreneur Betty Liu. Advertisement Advertisement Despite assurances from bankers at Goldman Sachs Group Inc that they could raise the private investment in public equity (PIPE) required, many big mutual funds and hedge funds passed on the deal because of concerns it was overvalued, according to people familiar with the situation. ....
Lessons from mothers and grandmothers in three new books on Chinese cooking yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Print In the last couple of months, three fantastic cookbooks that contextualize what it means to cook Chinese food from a second-generation perspective have been published. Taken together, they provide a snapshot of how the authors of these books detail the push-and-pull of assimilation into Western culture as children while also maintaining connections to previous generations’ cultures and traditions by learning to cook from the most important women in their lives. In “My Shanghai: Recipes and Stories From a City on the Water,” Boston-based blogger and author Betty Liu details the cooking of Jiangsu province, or “the land of water” just north of Shanghai, with influences from the Zhejiang province to the south and the “hard-to-describe” cooking of Shanghai proper. As Liu states, “Shanghai’s culinary borders are blurred, drawing deeply from its neighbors.” ....
Molly Baz, Instagram Cooking Star, Wants to Teach You How to Use Salt Glamour 3 hrs ago Molly Baz talks about using salt like a general preparing troops for war. “It’s important to know the technique of how to salt!” she says. Baz came up as a restaurant cook, made a name for herself at Glamour, published by Condé Nast), and just published her first cookbook, Cook This Book. She is obsessed with the idea that regular people could be making more delicious food in our homes. And after 14 harrowing months of eating our own cooking day and night, it feels like it may be time to bring in the General. Or, to use her self-chosen moniker, the Salt Queen. Like her new book, Baz is cheeky, cheery, and colorful but as serious as a serrated knife when it comes to preparing good food. ....