Two Warburg SPACs and JAWS Try for a 3-way Merger Deal

by BA Research | Feb 14, 2022 | SPACs

Scaling up for a potential $20 billion deal. In a rare, 3-way SPAC deal, two SPACs backed by buyout firm Warburg, Pincus (Warburg Pincus Capital Corp I-A, Warburg Pincus Capital Corp I-B –WCPA, WPCB) and Barry Sternlicht’s SPAC Jaws Estates Capital (JAWS)...

Valentine’s breakup for ASAX’s SPAC Deal with HotelPlanner and Reservations.com

by BA Research | Feb 14, 2022 | SPACs

ASAX proves breaking up doesn’t have to be hard to do. Valentine’s day proves to be a day of unrequited love for Astrea Acquisition Corp. (ASAX), which terminated its merger with HotelPlanner and Reservations.com. SPAC shareholders were scheduled to vote on the...

Zendesk Appears Determined to Avoid Takeover, Plowing ahead with MNTV Merger. Jana says ‘Not So Fast.’

by BA Research | Feb 11, 2022 | Activism

ZEN determined to avoid takeover, shares moving higher…In a resurgence of big leveraged buyouts, cloud software maker Zendesk (ZEN) announced it rejected a $127-$132 per share takeover proposal from a consortium of private equity suitors, including (possibly)...

CEO / CFO / Director Resignations & Appointments | February 11, 2022

by BA Research | Feb 11, 2022 | CEO / CFO / Director Resignations & Appointments

Every week we bring you the latest CEO, CFO, and director resignations and appointments across US public companies. Moves in this Issue CEOCCNE, CLVR, CTBI, DBD, FPH, HTZ, PTON, SKIN, WWRCFOALEC, BHIL, FUBO, GKOS, PVH, SMLP, WDC DirectorsAGLE, AME, AMWD, APPH, BCOV,...

Inflation Came in Hot (Again), Adding Fuel to the SPAC Redemption Fire

by BA Research | Feb 10, 2022 | SPACs

A lot of hopes have been riding on inflation pressures easing in 2022. That didn’t happen in January, however. It’s likely that rising inflation will continue to put pressure on SPAC redemptions and deSPAC financing. CPI Shows Inflation is Surging...