Reuters reveals Goldman Sachs offers new way for investors to bet on SPACs - Reuters News Agency
Business & FinanceDeals

Reuters reveals Goldman Sachs offers new way for investors to bet on SPACs

Reuters broke the news that Goldman Sachs Group Inc has come up with a new offering that allows investors to bet on special purpose acquisition companies (SPACs), its latest attempt to capitalize on the dealmaking trend. Reuters sources said the bank makes money by providing investors financing to participate in the product and by keeping some of the returns on the SPAC stocks for itself, depending on how well they perform. 

Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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