The New York Stock Exchange's announcement that it will list
Special Purpose Acquisition Companies (Spacs) could lure
investors back to the US and legitimise the investment
entity.
The NYSE will begin listing blank-check initial public
offerings (IPOs) or Spacs alongside its merger partner
Euronext. Lawyers say the exchange's size and credibility,
despite some extra legal requirements, could lead to an
acceleration of these companies in...