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Polestar Is The 9th SPAC Merger For The Gores Group: Here's How The Previous Deals Performed And What's Next
Wednesday, September 29, 2021 - 4:19pm | 1020One of the top names in SPACs announced a ninth SPAC merger this week. The Gores Group led by chairman Alec Gores and CEO Mark Stone announced the deal between Gores Guggenheim Inc (NASDAQ: GGPI) and electric vehicle company Polestar. Since 2016, The Gores Group has announced nine deals valuing the...
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Why Kevin O'Leary Is Betting On Bill Ackman's Pershing Square Tontine SPAC
Thursday, December 10, 2020 - 6:05pm | 629Investor Kevin O’Leary presented at the inaugural Benzinga Global Small Cap Conference. Among the many topics he covered in his presentation was his thoughts on SPACs. O’Leary On SPACs: SPACs are a competition to private equity, O’Leary told Benzinga's Jason Raznick...
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Kevin O'Leary Shares SPAC Picks, Impressions
Wednesday, September 30, 2020 - 4:26pm | 639Entrepreneur and "Shark Tank" judge Kevin O’Leary shared his takeaways on special purpose acquisition companies Tuesday on CNBC’s "Halftime Report." Investing in Leadership: O’Leary said it’s smart to invest in operators with a "long track...
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Borders in Talks to Sell Half Its Stores
Thursday, June 2, 2011 - 8:27am | 157Borders, which filed for Chapter 11 bankruptcy in February, may have found a buyer in the Gores Group. The Los Angeles-based private equity firm is reportedly in talks to acquire at least half of remaining Borders stores for around $200 million. While Borders has held talks with other potential...
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Walt Disney Shuns Weinsteins; Resumes Talks With Gores (DIS)
Tuesday, May 25, 2010 - 5:47pm | 129Walt Disney Co. (NYSE: DIS) has ended its talks with Harvey and Bob Weinstein to buy back Miramax Films. The Weinstein brothers were backed by investor Ron Burkle. The Wall Street Journal has stated that the complex structure of the acquisition was the primary reason behind the collapse of the...