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Travel Startup Inspirato in Talks to Merge With Thayer SPAC


Travel Startup Inspirato in Talks to Merge With Thayer SPAC
Bloomberg
2 hrs ago
Gillian Tan, Lizette Chapman and Katie Roof
© Photographer: Aron Ontiveroz/The Denver Post/Getty Images
Inspirato CEO and founder Brent Handler speaks with Alana Watkins in his office as employees work on Wednesday, May 4, 2016.
(Bloomberg) Inspirato, a startup specializing in luxury travel, is in talks to go public through a merger with a special purpose acquisition company in a deal valued at more than $1 billion, according to people with knowledge of the matter.
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The Denver-based company is discussing a deal with Thayer Ventures Acquisition Corp., said the people, who asked not be identified because the matter is private. Terms could change and it’s possible talks could fall apart. ....

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Oil prices and demand may be up, but the industry has a host of issues to sort out in 2021


Oil prices and demand may be up, but the industry has a host of issues to sort out in 2021
Judith Kohler
DENVER Tighter spending and the focus on free cash flow that were prevalent in the oil and gas industry before the pandemic are expected to continue even as demand and prices start to rise, two analysts said.
The COVID-19 outbreak, a glut of oil and a price war between Russia and Saudi Arabia converged to sink prices in April 2020 into uncharted territory: sub-zero for the first time ever. But even before the pandemic, oil and gas companies were laboring under heavy debt loads and cutting back to meet investors demands. ....

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