Blank-check companies are booming again—in the courts, The Wall Street Journal reports.
Two law professors are aiming at high-profile targets, filing suits that question the legality of a specific type of SPAC. In addition to billionaire William Ackman’s $4 billion Pershing Square Tontine Holdings Ltd., the plaintiffs have now set their sights on Go Acquisition, co-founded by veteran entrepreneur Noam Gottesman, and E.Merge Technology Acquisition as well. Read more.
