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Despite Pandemic Fears, A Record-Breaking 'Frenzy' Of M&A Activity Is Underway

Despite Pandemic Fears, A Record-Breaking 'Frenzy' Of M&A Activity Is Underway
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Forbes Plans to Go Public via Merger with SPAC


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Many companies are said to have shown interest in working with Forbes in its attempt to go public.
Forbes Media LLC, information and publishing media has been said to be working on merging with Special Purpose Acquisition Company (SPAC) as it works to go public. According to reports, the company has received many interests, with Borderless Services Inc proposing a bid of $700 million. It has been reported that these bids would cause Forbes to remain a privately held company.
An attempt to receive confirmation about the merger with SPAC was unfruitful. However, the spokesperson of Forbes revealed that many companies have shown interest, thanks to the three years of record results. ....

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Forbes pursues SPAC talks amid new takeover interest -sources


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