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Activists Face Uphill Battle to Drive SPAC Deals, The Deal

October 16, 2020

Morgan Lewis partner Keith Gottfried was quoted in an article by The Deal discussing industry views on the growth of special purpose acquisition companies (SPACs), and whether the growing number of these could lead to an increase in public company mergers with SPACs. Keith’s comments address how certain industries could be impacted. “One of the primary objectives of an activist going after a retailer is that they will find someone to buy that retailer," Keith said. "Now you have SPACs that have to do a deal.”

Read the full article on The Deal >>