Posted on 29/03/08
The hottest issue in this frigid market
NEW YORK, TORONTO -- They have no assets to scrutinize, and no financial records to scour.Many of them can't even tell you what sort of business they'll be dabbling in a month from now - if any at all. And yet special purpose acquisition companies, a niche product once confined to the shadows of the market, are suddenly among the hottest products on Wall Street, dominating an otherwise abysmal year for new stock listings.
The full text of this article has 1274 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
