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KevTrader69
2021-04-30

Interesting, exciting times indeed.

Forbes Considering SPAC Merger: Report

One of the oldest financial media companies is in talks to go public via a SPAC merger.What Happened

Forbes Considering SPAC Merger: Report

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The company is ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/04/20879674/forbes-considering-spac-merger-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/04/20879674/forbes-considering-spac-merger-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120407807","content_text":"One of the oldest financial media companies is in talks to go public via a SPAC merger.What Happened:Business news companyForbes Media LLCis in talks to go public,according to Reuters. The company is reportedly fielding offers from SPACs and bidders including Borderless Services and a consortium of investors.The group bid is led by investor Michael Moe, who has an existing SPAC withClass Acceleration Corp. Reuters says the bid led by Moe would keep Forbes a private company, ruling out using his SPAC. The Borderless Services bid is for a reported $700 million.Why It’s Important:Forbes is 95% owned by Integrated Whale Media Investments, which purchased the stake seven years ago. 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