Axios Media Trends 5. Souring on SPACs

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Name

Axios Media Trends 5. Souring on SPACs

Description

Forbes is the latest company to go public via SPAC, Axios reported that Forbes had a complicated road to its SPAC deal with Magnum Opus announced last week.

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Article

Authors

Sara Fischer

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Claims from

Sources say some top executives much preferred some of the private offers it received in recent months, most notably from GSV Asset Management, an investor group. It's unclear why deal talks fell through.

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Publish date

09

Month
/

07

Day
/

2021

Year

12

:

00

am

Publisher

Axios

Tags

Integrated Whale Media Investments, the current owner of Forbes
Axios coverage on Forbes acquisition attempts

Topics

Forbes takeover attempts

Web URL

https://www.axios.com/newsletters/axios-media-trends-cd807da2-f937-4e84-b95f-b34ce0ef4db4.html

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Sources say some top executives much preferred some of the private offers it received in recent months, most notably from GSV Asset Management, an investor group. It's unclear why deal talks fell through.

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