Credit Suisse, Bird Rides In Talks To IPO Via SPACs
PYMNTS
NOVEMBER 16, 2020
By merging with a SPAC, or blank-check firm, a company would be able to go public and also avoid the difficulty and risk of a traditional initial public offering (IPO). The discussions with Credit Suisse are so early as of Monday (Nov. 16) that Bird might decide not to go through with the deal at all.
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