Gaurav Burman, who hails from a billionaire Indian consumer-goods family, says the boom in blank-check company mergers may have eased, but don’t expect SPACs to go away, Bloomberg reports.
“Obviously, there are a lot of SPACs out there looking for deals, and there’ve been some public and visible retreats,” Burman said in an interview. But “sponsors that have a lot of credibility” will “be able to separate themselves from the pack.” Read more.
