#corporate changes

Hear.com Postpones IPO Because of Choppy Stock Market | Sidnaz Blog

Traders on the floor of the New York Stock Exchange. Hear.com is the latest company to delay an IPO. Photo: Nicole Pereira/Associated Press Hearing-care services provider Hear.com N.V. has postponed its initial public offering due to the choppy stock market, according to people familiar with the matter, the latest company to delay its IPO. Hear.com was set to price its offering Thursday…

Why Washington’s NFL Team Hasn’t Picked a Name—and Could Keep Its Interim One

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After an intensive siege by politicians, activists and sponsors, Washington’s NFL team in July dropped its name of 87 years because it was widely defined as a slur. The franchise later said it would go by the Washington Football Team for 2020.

It was a stop gap measure because owner Dan Snyder didn’t think the team had time to thoughtfully select a new namebefore the 2020 season, which…

Blank-Check Boom Gets Boost From Coronavirus

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Fallout from the coronavirus has fueled a fresh wave of interest in an unusual investment vehicle with a shaky reputation: the blank-check company.

Blank-check companies are essentially big pools of cash, listed on an exchange, whose sole purpose is to do an acquisition. When a blank-check company buys a target firm, the firm gets its spot on the exchange. For the target firm, it is a…

Blank-Check Boom Gets Boost From Coronavirus

[ad_1]

Fallout from the coronavirus has fueled a fresh wave of interest in an unusual investment vehicle with a shaky reputation: the blank-check company.

Blank-check companies are essentially big pools of cash, listed on an exchange, whose sole purpose is to do an acquisition. When a blank-check company buys a target firm, the firm gets its spot on the exchange. For the target firm, it is a…