Forbes Scraps Plan to Go Public via SPAC - The New York Times

The century-old business magazine had aimed to go public through a blank-check company based in Hong Kong but changed course after the market flipped.

Forbes was one of several media companies that had hoped to tap the SPAC market to help fuel growth. But not all went ahead with deals, and some that did have struggled. Axios earlier reported that … [+1508 chars]

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